Fixed income investing in a low yield environment
14 October, 2010
The global financial crisis and its aftermath are changing the bond market. These involve risks as well as opportunities, and we believe fixed income investment strategies must adapt. Traditionally, investors have allocated a portion of their portfolio to fixed income to manage their portfolio’s overall risk and to generate income. However, we believe traditional fixed income strategies may be less able to provide these benefits in the future and that more flexible investment strategies may be called for.