76. Why Russia and Egypt are better bets than the UK

Nomura Global Dynamic Bond fund manager Dickie Hodges tells us why Russia and Egypt are better bets than the UK right now and explains why he thinks inflation may return in the second half of 2021. Dickie also tells us why corporate bonds became such an opportunity in March that he increased the funds weighting from 2% to 21% and why he felt the need to protect the fund from further stock market falls – which led to profits in the sell-off earlier this week.