Fireside Friday with… Pictet Asset Management’s Luca Paolini
The TRADE
AUGUST 2, 2024
The next five years will deliver an economic environment that will alter the dynamics of equity, bond and foreign exchange in several ways. But relative to corporate bonds, our calculations show they will deliver an excess of return of just 1% per year versus around 10% over the past five years – and this for roughly two times the risk.
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