March 2021
Why Active in Fixed Income Exchange Traded Products?
Duration: 62 Minutes
Nick Cherney, CFA
Head of Exchange Traded Products
Jim Cielinski, CFA
Global Head of Fixed Income
John Kerschner, CFA
Head of US Securitised Products | Portfolio Manager
Nick Maroutsos
Head of Global Bonds | Portfolio Manager
Over the past four decades, our global investment teams have developed a wide range of products solutions to address our clients’ varied and evolving needs. From short duration to agency mortgage-backed securities to AAA-rated collateralized loan obligations, we offer access to innovative and differentiated techniques expressly designed to support our clients as they navigate uncertainly.
Key Takeaways
- COVID-19 is leaving long-lasting and historic aftershocks
- COVID-19 exerts downward cyclical and structural pressure on rates – but little risk premium remains
- Policymakers will act to suppress volatility – but not everything will stay well-behaved
- The Fed is the only game in town and the Fed is going to continue to remain very accommodative
- MBS’ favorable liquidity profile combined with its inherent complexity creates alpha opportunities
- AAA-rated CLOs offer key benefits to diversifying a fixed income portfolio