The goal of income investing is to ensure that your portfolio generates a steady source of revenue regardless of market conditions.
Fixed Income 101
Our Fixed Income 101 series covers common fixed income investment themes and some more technical portfolio management techniques.
Fixed Income 101: Income investing
Fixed Income 101: Comparing yields in different currencies
Fixed income managers always want to have the flexibility to look for the best value across their investment universe, and in our view they therefore need the capacity to buy bonds in different currencies.
Fixed Income 101: Roll-down
Roll-down is the capital gain created by the natural fall in a bond’s yield as it approaches maturity. As a fixed income investor, it is probably the most you will ever get paid for doing nothing.
Fixed Income 101: Inflation-linked bonds
Inflation is widely understood to be bad for bonds. Fundamentally, this is because inflation erodes the value of the coupon and principal payments that fixed rate bondholders receive in the future.
Fixed Income 101: Trading ABS and CLOs
Bids Wanted in Competition (or BWIC) lists are a unique characteristic of the ABS and CLO markets, where they are widely used in secondary trading when investors are looking to sell bonds.
