Financial Times FT.com

Investors put ‘too much money into bonds’

By Denise Law

Published: November 18 2009 17:56 | Last updated: November 18 2009 17:56

For six consecutive months, investors have shifted money into safer asset classes such as fixed income. But Liz Ann Sonders, senior vice-president of Charles Schwab & Co, cautions against putting too much money into corporate and government bonds.

“During a recession, investors become so pessimistic that they go into bonds, even though stocks outperform them five years later,” Ms Sonders said.

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