Taking a Global Bond View
After a year when sovereign debt markets produced widely varied performance globally and even greater divergence within Europe, fixed income investors have much to ponder in 2014. Franklin Templeton International Bond Group Senior Vice President and Portfolio Manager John Beck believes that a modest upturn in global growth, accompanied by gradually diverging interest-rate policies and currency prospects across regions, offer a way forward for discerning fixed income investors. Above all, he believes the year ahead will be a period where the potential benefits of global diversification could make all the difference.