Fixed income has historically provided investors with income, return, liquidity, and diversification. Yet it will be much more difficult for traditionally structured bond portfolios to do so going forward. We offer outcome-oriented ideas for positioning your bond allocation to retain these key benefits in a challenging environment.
- Income to meet investors’ short- and long-term obligations
- Return, seeking to enhance the total return of the overall portfolio
- Liquidity to meet cash-flow needs and give the overall portfolio flexibility in asset allocation
- Diversification for the overall portfolio to mitigate loss of capital at times of market stress