Tags: Blackrock | Money | Government | Debt

Blackrock Sees ‘No Opportunity’ to Make Money in Government Debt

Wednesday, 10 April 2013 07:02 AM

Government debt offers few opportunities and investors should buy equities, according to Ewen Cameron-Watt, chief investment strategist of the BlackRock Investment Institute, the research unit of the asset manager.

“In the government stuff, there’s just really no opportunity to make money,” Cameron-Watt said in an interview on Bloomberg Television’s “Surveillance” with Tom Keene and Sara Eisen.

“If you look at the bond market, it is just one big interest-rate bet right now.”

Short-duration bonds are preferable to long-ones, Cameron- Watt said. “The duration opportunity, the opportunity to make money over the long-term lies with equities,” he said.


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Government debt offers few opportunities and investors should buy equities, according to Ewen Cameron-Watt, chief investment strategist of the BlackRock Investment Institute, the research unit of the asset manager. In the government stuff, there s just really no opportunity...
Blackrock,Money,Government,Debt
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2013-02-10
Wednesday, 10 April 2013 07:02 AM
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