The Fixed Income Market Has Changed
The fixed income universe has expanded significantly in the last 25 years. The value of the global bond market has grown exponentially to over US $40 trillion. Not surprisingly, asset managers have done well out of investors’ thirst for yield, particularly in these times of zero interest rate policies. Investors have supported the formation of fixed income mega managers driven by a combination of good performance, effective strategies, and strong marketing efforts.
Read the full white paper at the link beneath Related Files