In a inventory change discover as we speak (17 Might), SEQI defined it has amended its funding coverage to lower its publicity to floating price investments from 50% to 40%.
In consequence, as much as 60% of its portfolio will goal fixed-rate investments in a bid to “lock in present rates of interest” and shield its earnings ought to rates of interest start to fall.
The transfer comes as each the European Central Financial institution and Financial institution of England are anticipated to start out slicing charges in the summertime, whereas hypothesis mounts over whether or not the Fed will cross even a single minimize this 12 months.
SEQI famous the coverage modification “is n…
