Fixed Income: After the storm
After a volatile period, can fixed income investors relax?
Fixed income markets are becoming more crowded, making alpha more difficult to find. The increased volatility seen over the last few months has not helped matters. How can investors find the right fixed income opportunities in this environment? The selection of content below should help.
The Next Chapter in EMD: Static vs. Dynamic Allocations (PGIM Fixed Income)
Emerging markets debt offers a vast range of opportunities and benefits to investors. However, it can also be a confusing space for allocators.
Structured Credit: Seeing the Forest for the Trees (First Eagle Investments)
For compliance reasons, this paper is only accessible in certain geographies
Structured credit typically refers to the process by which groups of similar, income-generating assets are pooled together into marketable fixed income securities.
Fixed Income: Thinking beyond the Landing (Capital Group)
For compliance reasons, this paper is only accessible in certain geographies
The last few years have been an extraordinary period for financial markets, leading to increased uncertainty about the macroeconomic cycle.
Three Key Ways to Gain Exposure to Fixed Income (BNP Paribas AM)
After a decade of low interest rates across the globe, the search for yield can now be as simple as buying a diversified bond fund.
Public and Private Credit: Where Investors Should Focus (Mawer IM)
Diversified public credit, especially if implemented through an unconstrained strategy, offers investors attractive return potential.
Why Private Credit Is Tapping into Asset-Based Lending (Oliver Wyman)
Finding ways to work with and monetize private credit relationships is a very hot topic across banking. Here is what allocators need to know about it.
Interconnectedness in the Corporate Bond Market (U.S. Federal Reserve)
The findings of this paper suggest that interconnectedness has an explanatory power over market characteristics of corporate bonds.
Bonds & Bold: Drop the Banana (Nordea)
Callable bonds make sense as a carry investment when the OAS is sufficiently high. Find out how you can implement this in your portfolio.
The After-Fee Performance of Private Debt (Alpha Architect)
This is a must-read piece of analysis for allocators interested in investing in private debt for the short-term or for the long run.
Office Loan Maturity Monitor: A Peek at Future Maturities (Moody's)
A total of $1,072 million across 27 CMBS office loans reached fully extended maturity in June with the payoff rate of 31.5%. Explore the full update on this market.
Understanding Public Debt (AIER)
The public debt most Americans think of first is the national debt accrued by the U.S. federal government and sold to investors, and non-marketable debt that cannot be sold.
WEBINAR
Active Fixed Income: Riding a Wave of Volatility (LGIM)
For compliance reasons, this paper is NOT accessible in the United States and Canada
Join Colin Reedie, Head of Active Strategies, and Matthew Rees, Head of Global Bond Strategies at LGIM, as they chat through the more volatile world of fixed income investing.
