In contrast to many securitised credit sectors, the US Agg captures very little credit spread income relative to its duration.
Insights
Our latest thinking on the themes shaping today’s investment landscape. Explore timely updates, quarterly features and in-depth analysis straight from our experts.
Reflecting on potential opportunities caused by recent bond market repricing.
Allocating to Collateralised Loan Obligations (CLOs) opens up access to diversification and defensive income. How do CLOs work and what can history tell us about the asset class?
BBB CLOs combine income, structural resilience and diversification benefits, offering an alternative way to reshape credit exposure for a late‑cycle environment of tight credit spreads.
What are non-agency residential mortgage-backed securities (RMBS), and how might they play a role in investors’ portfolios?
Why bond investors need a new playbook to maximize a fixed income allocation’s potential.
Considering the prospects for corporate bonds and some of the compelling reasons to lock in current income levels.