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Fixed income

Fiscal deficits are fixed income’s biggest risk

November 04, 2025 - 7 min
Fiscal deficits are fixed income’s biggest risk

Celebrate with DNCA!

DNCA has won Best Fund Provider – Global Bond – Short Term at the Asian Private Banker 2026 Asset Management Awards for Excellence*. The award recognised DNCA’s differentiated approach to fixed income investing which is active, flexible and diversified.

*2026 Asian Private Banker Asset Management Awards for Excellence were issued by Asian Private Banker (“APB”), reflecting performance, asset gathering, service quality and fund selector feedback as at 1 August 2025. For award’s details and methodology, please refer to https://asianprivatebanker.com/awards/asset-management-awards-for-excellence-2026. The designation “Best Fund Provider” is the award name only given by APB which provides no guarantee for future performance results and is not constant over time.

The content of this document is strictly confidential and has been prepared for informational purposes only. Under no circumstance may a copy be shown, copied, transmitted or otherwise distributed to any person or entity other than the authorised recipient without the advance written consent of Natixis Investment Managers Hong Kong Limited.

Investment involves risk. The information contained herein does not constitute an offer to sell or deal in any securities or financial products. The content herein may contain unsolicited, general information without regard to an investor’s individual needs, objectives, risk parameters or financial condition. Therefore, please refer to the relevant offering documents for details including the risk factors and seek your own legal counsel, accountants or other professional advisors as to the financial, legal and tax issues concerning such investments if necessary, before making any investment decisions in the fund(s) mentioned in this document.

Past performance information presented is not indicative of future performance. If investment returns are not denominated in HKD/USD, USD-/HKD-based investors are exposed to exchange rate fluctuations.

Natixis Investment Managers Hong Kong Limited is a business development unit of Natixis Investment Managers, a subsidiary of Natixis that is the holding company of a diverse line-up of specialised investment management and distribution entities worldwide.

Certain information included in this material is based on information obtained from other sources considered reliable. However, Natixis Investment Managers Hong Kong Limited does not guarantee the accuracy of such information.

Issued by Natixis Investment Managers Hong Kong Limited.

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