Systematic approaches in fixed income are getting attention, and much like the technology disruption over the past decade, a thematic shift in investment process is emerging. Fixed income overall has had the longest period of declining real yields in uninspired growth conditions across developed and emerging markets. Given the depth of economic downturn caused by …
Every crisis brings about new disruptions and the opportunity to do things differently. For instance, the financial collapse of 2008 kicked off the age of fintech with blockchain, robo-advisors, and many such technology-enabled innovations in finance. The complexity grows even further as calls for environmental, social and governance (ESG) practices influence responsible investment. With a …
Most of the development in factor investing has centred around equities. This is not surprising since the asset class benefits from high liquidity, electronic trading, low execution costs and, crucially, availability of clean data. In contrast, factor-based investing in fixed income has yet to come into its own. This could be that fixed income benchmark …
Systematic approaches in fixed income are getting attention, and much like the technology disruption over the past decade, a thematic shift in investment process is emerging. Fixed income overall has had the longest period of declining real yields in uninspired growth conditions. Aggressive fiscal and monetary policy, supported through asset purchase programmes by central banks, …