
a new paradigm in fixed-income portfolios.
The world has changed and investors need to rethink fixed-income investing.
There are three main challenges facing investors:
- Widespread low or negative yields in key developed markets outside the US
- Increased market risk associated with, among other factors, longer duration in portfolios
- Fractured liquidity – unconventional central bank policies and tighter regulation has led to a lack of liquidity across fixed-income markets.
We believe embracing a new paradigm in fixed income markets involves adopting a strategy built around trading less and building safer portfolios focused on quality. Here we explain why investors should consider fundamentally-driven portfolio construction in a low turnover framework.
Watch our video