SSgA fixed-income CIO outlines approaches to debt crises
Buying shorter-duration bonds and customising benchmarks are two strategies for tackling the debt crises in Europe and the US, says Kevin Anderson of State Street Global Advisors.
As European countries see their investment-grade ratings topple and the US approaches zero-hour on a debt-ceiling decision, some fund managers are removing certain eurozone sovereigns from their fixed-income portfolios and shortening bond-investment maturities.
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