When it comes to disruption, people typically talk about technology and its impact on jobs, society, and the global economy. But disruption is also happening in the once sleepy world of fixed income, where several critical trends are reshaping the space. According to Owen Murfin, institutional portfolio manager, MFS Investment Management, there are four key […]
Although factor investing and smart beta have gained in popularity, the emergence of alternative risk premia points to a critical focus for plan sponsors today: risk diversification. This is happening at a time when plans are shifting increasingly away from bonds and equities and into alternative investments. “Alternative risk premia provide a different route to […]
Take a look at any chart chronicling bond yields over the decades and you’ll see mountain after mountain — valleys and peaks, including one big spike in 1981 when rates popped to historic levels. The question for investors today, however, is where are we on the chart today? “I think, truth be told, we’re not […]
“Knowledge is knowing that tomatoes are fruit — wisdom is knowing that you shouldn’t put them in the fruit salad.” It’s a quote that is particularly apt in today’s, markets, according to Trevor Leydon, head of portfolio construction & risk, Aviva Investors. Indeed, in a market environment that has been shaped by central bank intervention […]
Technology and new products are driving growth in real estate
Investors must understand how disruption will impact their exposure to healthcare
Research shows that even global managers stick close to home sometimes
Research shows they do - but not during times of market stress
Why it might be time to ignore CAPM’s critics
Private credit is a bit of a buzzword these days, according to Christian Stracke, managing director and global head of credit research at PIMCO. Despite its overuse, however, there remains a lack of understanding about private credit — in fact, it is often conflated with other products, many of which involve a lot more risk-taking. […]