We all know that lack of yield is one of the top concerns among fixed income investors today.
Central banks continue to intervene in the capital markets with extraordinarily accommodative monetary policies. The pace of global policy normalization is becoming synchronized and entering a transition period, with expectations of reaching a neutral level at the end of 2019. Meanwhile, fixed income investors will have to contend with some of the longest duration exposure in history in a more volatile rates environment.
Here, Steven Oh, global head of credit and fixed income, answers some frequently asked questions and discusses how fixed income investors can use a multi-asset credit (MAC) strategy to position themselves for this sustained low-return, low-yield environment.
Read the complete white paper at the link beneath Related Files