The importance of including bonds in a portfolio is more relevant today than it has been in decades, according to GSFM fund manager partner, Payden & Rygel.

Payden & Rygel, portfolio manager, Eric Souders says that bonds provide good prospects for potential returns on a risk adjusted basis, particularly versus more risky asset classes like equities, but he added it could be time for a rethink on their place in a traditional 60/40 portfolio.

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