In this compelling episode of Relative Return, host Laura Dew and Roy Keenan (Co-Head of Fixed Income) unpack the evolving dynamics of fixed income as an asset class and cover:

• Defensive Strength: why fixed income remains a cornerstone for portfolio defence, especially in uncertain markets.
• Global Volatility: how political events—such as those triggered by US President Donald Trump—have influenced market behaviour.
• Chasing Yield: with interest rates on the decline, what the “chase for yield” mentality means for risk and return.
• AT1 Securities Transition: the impact of moving away from AT1 securities and what it means for fixed income strategies.
• Private Credit Expansion: how the rise of private credit funds is tightening credit spreads and reshaping the investment landscape.