FIXED INCOME

Flexible. Thoughtful. Connected.

Our teams retain flexibility within a disciplined framework, resulting in individual strategies as well as blended solutions - all within a rigorous risk management framework

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$153.1bn
Fixed Income Assets Under Management

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136
Fixed Income Investment
Professionals

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18
Average Years' Financial
Industry Experience

As at September 30, 2025

 

$153.1bn
Fixed Income Assets Under Management

 

136
Fixed Income Investment
Professionals

 

18
Average Years' Financial
Industry Experience

 

 

As at September 30, 2025

Investment capabilities benefitting from:

  • A forward-looking approach that looks beyond benchmarks to put investor objectives at its core.
  • Collaborative teams that share and debate ideas globally but retain investment flexibility within a rigorous risk-management framework.
  • A range of actively-managed solutions from core bonds to multi-sector that reflects four decades of addressing clients’ evolving financial needs.

Insights

Chart showing discount margin on European leveraged loans index between January 2025 and October 2025. It shows three lines, an orange line representing low beta loans, a grey line representing high beta loans and a blue line representing stressed loans. The vertical axis shows the discount margin ranging from zero to 18%, while the horizontal axis shows the dates from Jan 2025 to Oct 2025. The low beta line is rangebound around 4%, high beta is rangebound around 6% although there is a small spike up to almost 8% around 'Liberation Day' in April. The stressed line ranges from around 10% in February up to more than 15% in September.

Chart to Watch: Bifurcation in the loan market

Exploring the dispersion in the loan market.

Quick View – The Fed’s October decision: Trick or treat?

An economy with balanced economic risks merits an equally balanced approach to bond allocations until greater clarity emerges on the labor market and inflation.

Quick View: Big win for Argentina’s Milei paves way for policy continuity and reform

What does President Javier Milei’s mid-term election victory mean for Argentina’s credit trajectory?

Insights

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