Recently, my colleague Sara Shores and I discussed factor investing and smart beta and what they mean for fixed income markets. Our conversation took us through the different types of factors: macro ...
The majority of fixed-income managers’ excess returns come down to just two things: a bond’s life, or duration, and the quality of the company that has issued it. With that in mind, Northern Trust ...
Think factor investing isn’t really a thing with bond funds? Think again. The traditional equity factors of value, low volatility, and momentum are also driving returns in fixed income securities, ...