Jul
15
How a $139 Billion Fund Is Trading the Trade War
By-
AMP Capital started buying long-end U.S. debt six weeks ago
- “The best is probably behind us,” Ilan Dekell says of growth
In a bid to beat the trade war, a $139 billion Australian investment manager is using 30-year Treasuries as its weapon of choice.
The ultra-long bonds are seen as a hedge to protect the portfolios of AMP Capital Investors Ltd. against the risks stemming from the U.S.-China trade frictions and less-synchronized global growth, according to Ilan Dekell, the head of macro for global fixed income at the asset manager…
