Fixed Income
What is Fixed Income?
Fixed Income is a catch-all term for investments within the world’s debt and credit markets. It is also a style of investment that has traditionally been associated with helping to mitigate against capital loss.
An ongoing evolution
Fixed income markets have changed dramatically since the global financial crisis. Central banks have pumped enormous amounts of liquidity into the system helping to depress yields. In addition regulations have increased, which has pulled liquidity out of the system and, after a long period languishing at or near historic lows, interest rates in the developed world have begun to rise. As a result, investors are having to approach fixed income markets differently, and increasingly, are looking for new ways to diversify their sources of income.
Our approach to Fixed Income
We believe the key to superior long-term returns in the fixed income market is compounding current income and avoiding principal loss through fundamental credit analysis and macroeconomic research. At the heart of our investment approach lies a robust, repeatable, global investment process, focused on the monitoring of risks. We understand credit, interest rate and market risk and, where possible, manage against these risks in an effort to deliver consistent performance to our clients.
Investment styles
Our range of expertise covers active, buy and maintain styles as well as a dedicated insurance capability.
Within active, we have benchmark strategies in the major fixed income sectors and flexible strategies that aim to deliver performance with a low correlation to both interest rate and credit risk. We also offer customised solutions to meet a variety of client needs.
Our buy and maintain strategies aim to provide an answer to the challenge of market illiquidity. With a strong focus on credit fundamentals and a conservative construction approach, our buy and maintain offering aims to maximise yield over the long-term while mitigating volatility.
Our expertise
Investment Grade Credit
High Yield
Rates
Inflation
Money Market
Emerging Markets
Our strategies
Hans Stoter, Global Head of AXA IM Core.
173 insights found
Now it gets tough
The second quarter was disastrous for society and the global economy. The danger on both fronts is passing only slowly.
The call on future growth
If companies survive, they have a chance to grow in the recovery. The credit backstop has helped the chances of corporate survival in most developed markets. It is tough, no question about it.
R-rate risk rise
Equities sold off this week as it became clear that the path to normalisation is not an easy one. Infection rates are rising in many parts of the United States and emerging markets, even while they a ...
1
2
...
58
