Avoiding bonds will be key to performance: Aberdeen
History suggests bond returns will be poor for the next 20-40 years while equities will do okay, a conference hears. But panelists do not expect a rotation out of fixed income for up to three years.
There is historical precedent to suggest the key to good portfolio performance over the next 20 to 40 years will be avoiding bonds, although value can still be found in fixed income, a forum heard last week.
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