Fixed Income

Covid-19 has led to a collapse in real yields, creating a double-whammy for schemes of falling returns and increasing liabilities. James Macdonald asks if CoCo bonds can provide an opportunity for schemes in such an environment.

The global economy has rebounded from the lows reached in March and April but momentum has waned as rising cases of COVID-19 have forced some regions to once again restrict activity. Jim Cielinski, Global Head of Fixed Income at Janus Henderson Investors, discusses whether credit markets can remain immune to the economic fragility.

As governments across the world seek to rebuild their shattered economies, they have announced significant spending plans to generate growth.

Global exchange-traded products (ETPs) have recorded their strongest month for inflows in 2020 as $71.5bn was added to the market, with fixed income buoying the industry providing $46.7bn of the total, according to iShares.

The fixed income year started with low yields and tight spreads but developed into a 'brutal' March. Mark Holman looks at where we are today and shares his thoughts for the future

While equities are often considered the best weapon to wield in ESG-related engagement, pension schemes also have huge power through their bond allocations, says Mitch Reznick

Panellists discuss alternative credit, ask how schemes can use it in their portfolios and explain the benefits of allocations to this asset class.

Scheme interest in corporate hybrid bonds is growing. Julian Marks assesses the key factors likely to drive the market forward for the remainder of 2018

Average active fixed income manager returns have been historically strong. But, as Scott Richardson and Jordan Brooks explain, this may not be entirely the result of manager skill