Where are the opportunities for multi-asset funds in a high rates world?

How do multi-asset funds fit into a world of high interest rates and no shortage of income opportunities? This report from Morningstar illustrates how multi-asset income fund managers have been using flexibility in asset allocation to adjust their portfolios to capitalise on income opportunities or mitigate risks in a changing market environment. However, with a backdrop of elevated market volatility and increasing risk of recession, income seekers are attracted to lower-risk products that offer attractive yields. However, Morningstar caution investors on their trade-offs, particularly...