Once safe bonds now ‘offering only risk’, so where should you invest?

With bond yields falling further (even where they are already negative), investors are now paying to hold a third of the debt issued by developed market governments. Mike Pinggera, manager of the Sanlam FOUR multi-asset fund tells the Telegraph that he is unearthing income in infrastructure, renewable energy and student accommodation, with real assets producing an income with long-term linkage to inflation.