Where do investors look in an era of a volatile 'new normal'?

A transitioning global economy presents new challenges to credit investors with shifting geopolitical fortunes, the rise of renewable energy and heightened inflation driving both future fixed income opportunities and threats, says BNY Mellon IM. While not every company will succeed in the current market transition, sensible diversification to exposures across both corporate bond sectors and less correlated geographic markets can protect investors from some potential market downside. Over the coming year the firm expects to see a degree of market volatility. However, it believes that the...