The case for active investing in Swiss bonds

The unique nature of the Swiss bond market increases the opportunities for successful active investment strategies.

• We attempt to shift the focus of the discussion on active and passive investment strategies away from cost, and to refute the false impression that active solutions make little sense across the board
• Niche characteristics of the Swiss bond market, such as more heterogeneous investor interests, mean that an active approach can make more sense than it does for other asset classes
• We also show how successful active management depends on factors unrelated to the characteristics of a specific asset class

In our latest paper, we explain why for passive investors in this market, the opportunity may have come to rethink the investment approach.

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