Poor old income investors were some of the hardest hit by the pandemic. It’s still uncertain when interest rates will begin to rise, despite market whispers. It’s on that basis that traditional forms of fixed income have well and truly disappointed over the last twelve months. There is one exception to that, however.
Hybrid securities, the unique amalgamation of debt and equity, have presented investors with an opportunity to attain return with limited risk. In a world where income is hard to come by, hybrids may be the answer investors have been searching for. But where is all the opportunity hiding?
In Part 3 of Bella Kidmans series on Hybrids, she reaches out to three hybrid experts to identify where they’re identifying opportunities currently, including Elstree’s Campbell Dawson.