The Race for Yield and... Sustainable Returns

This month’s insight piece focuses on the continued search for yield and examines why interest rates and bond yields are likely to stay low for longer. We highlight some of the cyclical and secular forces at work and how these are posing challenges for conventional asset allocation and risk models. We conclude that notwithstanding the rise in share prices, good quality global companies that deliver sustainable and growing dividends still offer attractive value, particularly relative to other asset classes.

Read the full article here