Unhedged 30 years of bond investment
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Aug 13, 2024 
Jim Leaviss, the outgoing chief investment officer of M&G Investments, shares insights from his impressive 30-year bond trading career, starting at the Bank of England. He discusses the evolving bond market, misconceptions about bond prices, and the influence of significant financial events. Jim humorously reflects on his transition to art, all while debating the best 90s albums with Katie Martin, adding a light-hearted twist to market insights and personal nostalgia.
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Career Change
- Jim Leaviss, a bond market veteran, is leaving M&G Investments.
- He's pursuing a master's degree in art history, focusing on the modernist period.
Bond Vigilantes Blog
- The "Bond Vigilantes" blog was launched to demystify bonds and generate interest in fixed income.
- It also served as a platform to discuss concerning developments in the US mortgage market.
Bonds vs. Stocks
- In the early 90s, UK stock investing was based on superficial factors rather than fundamentals.
- Bond investing, however, considered history, economics, politics, and math, making it more comprehensive.