03-07-2025
UK Bond Bulls Unfazed by Latest Bout of Market Turmoil
While many investors were fretting over the potential for UK fiscal instability this week, some saw an opportunity to load up on government bonds.
Mike Riddell, who manages around $1.2 billion at Fidelity International, added a new position in 20-year gilts on Wednesday as speculation over a possible exit by Chancellor of the Exchequer Rachel Reeves spurred a market slump.