Fidelity has appointed a new global chief investment officer for fixed income. Marion Le Morhedec will join Fidelity in September after two decades with AXA Investment Managers, where she most recently served as global head of fixed income. At AXA she managed a team of 110 people across eight locations and was also a member
The roots of what we now call fixed income go back at least 250 years, when the British government issued “Consols”—a type of perpetual bond used to finance wars. These bonds had no maturity date and paid fixed coupons indefinitely, until redeemed by the government. The term gained prominence with the advent of modern portfolio
In an increasingly unpredictable economic environment, investors are looking for a wider range of products to satisfy evolving strategies. Pauline McCallion reports Following a long period of historically low interest rates – in the wake of the financial crisis that began in 2007–08 and the more recent Covid-19 pandemic – central banks worldwide are beginning
CHICAGO, May 27, 2025–(BUSINESS WIRE)–Northern Trust (Nasdaq: NTRS) announced today that its Integrated Trading Solutions (ITS) outsourced trading business has continued to experience strong growth, with its client base increasing by nearly 17% from year-end 2023 to the end of the first quarter, 2025. The growth has been driven by an increase in demand for
Given the relative failure of bonds to dampen volatility and move inversely with equities since the start of the pandemic, many allocators may have pondered the point of owning bonds at all. That may have been particularly true in 2024, as equity markets rose stoutly, while in 2021, when equity markets fell, so did bonds.
It has been a rocky road for fixed income investors recently, with rising inflation in 2022 leading to a swift sell-off for the asset class. The persistence of inflation in most developed countries has prevented the sort of rapid progress in bond prices many may have hoped for as rates were cut. We now enter
Fixed-income ETFs are on track to reach $6 trillion in assets under management (AUM) by 2030, if not sooner, according to BlackRock’s annual outlook published Wednesday. The forecast comes after global bond exchange-traded fund assets increased 20% in 2024—the highest organic asset growth of any other asset class or investment vehicle—pushing AUM to $2.6 trillion.
VALLEY FORGE, Pa., April 21, 2025 /PRNewswire/ — Vanguard is bringing its fixed income portfolio construction expertise to financial advisors through the launch of the firm’s first dynamic asset allocation fixed income model portfolios. Available today, Vanguard Fixed Income Risk Diversification and Vanguard Fixed Income Total Return join the firm’s lineup of model portfolios that
00:00 Speaker A So what would you tell investors who have not previously invested in munis about the best opportunities for getting in, especially those who might be concerned about the discount they’re getting, given just all of the discounting that’s already happening in their investment portfolios? 00:18 Speaker B Yeah, I mean, I think
Market shocks over the past week have highlighted the need for diversification, according to James Klempster, deputy head of Liontrust’s multi-asset team. In a week, trade tariffs imposed and then paused by US President Donald Trump sent global markets into a spin. Klempster said an emotional reaction from investors was to be expected but stressed