Goldman Sachs fixes interest on Gulf bond markets - The National

The big debate in global investment markets this year, especially in the Middle East, has been: equities or bonds?

Hugh Briscoe, of Goldman Sachs, is in no doubt as to the answer. Fixed interest investments, especially high-yielding and emerging market bonds, are the "flavour of the month", he says.

You might expect him to say that, as the lead portfolio manager for fixed income focusing on big investors in the Middle East. But Mr Briscoe, a former major in the British army, certainly argues his case with combative confidence.

* username: rupertbu