Quilter adds to traditional fixed income in latest portfolio rebalance 

Quilter’s WealthSelect managed portfolio service has added to traditional fixed income following the “extreme sell off” in government bonds this year.

Portfolio manager Stuart Clark said that while he is not expecting an imminent pivot in policy by the Federal Reserve, the current economic environment justifies a rebalance of the portfolios to take advantage of the diversification benefits of the higher yields on offer.

The WealthSelect portfolios have been underweight to traditional fixed income. However, it will now add to t...