The prospect of a long spell of low-to-negative global interest rates is pushing money managers into riskier securities where they may have less experience, according to BlackRock Inc.
It’s a trend that should continue as investors look beyond traditional haven assets for yield and resilience, said London-based Isabelle Mateos y Lago, the global head of the firm’s official institutions group. That means turning toward illiquid and alternative investments as well as high-yield debt, she said.
