Time for trustees to rethink fixed income?

Kelly Tran looks at how schemes can swap risky assets for fixed income allocations

clock • 3 min read
Kelly Tran
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Kelly Tran

In recent years, record-low interest rates have left investors feeling that ‘there is no alternative’ (TINA) to investing in risky assets such as equities in the search for yield and growth. However, TINA may be falling out of fashion.

For underfunded pension schemes, the preferred route to closing the funding gap has been increasing equity exposure to generate returns. That is changing with fixed income now offering improved ret...

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