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Richard Woolnough names the ‘risk-free’ asset to back

M&G’s blockbuster manager Richard Woolnough is eyeing government bonds as a strong cash proxy and, in this exclusive video with Citywire Selector, he names the one risk-free bet to back.

Woolnough, who runs the €21 billion M&G Optimal Income fund, also discusses how he outperformed amid a perceived collapse in oil markets and why he has hardened his aversion to UK duration.

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