Like many managed funds, fixed income funds have customarily been managed against a relevant benchmark, such as the UBS Composite Bond Index or the Bloomberg Barclays Global Aggregate Index. However, in an environment with low yields, high volatility and lots of uncertainty, traditional benchmark-based approaches to fixed income investment can be less effective.
In this article published by YieldReport, GSFM’s CEO Damien McIntyre looks at the benefits of using an unconstrained approach to managing fixed income.
YieldReport is an independent online news portal, published weekly and monthly, focusing solely on fixed income and yield securities.
To read the article, click here.