"Money Manager Favors Bonds Over Stocks in 2022 Due to Risk-Adjusted Returns"

Nadège Dufossé, global head of multiasset at Candriam, suggests that investing in bonds over stocks is the way to go this year, citing lower risk levels and expected returns. She predicts 2024 to be the year of the bond, particularly as the Fed's rate hiking cycle ends. Dufossé recommends government debt, investment grade corporate credit, and emerging-market debt, while also staying invested in equities and remaining nimble to catch entry points. She warns that rising inflation would be the worst-case scenario for a diversified portfolio, favoring liquidity and exposure to commodities like gold and energy to limit potential declines.