
Fixed income
A global franchise spanning public and private fixed income
A global franchise spanning public and private investments. We offer a full range of global, regional and single-country solutions tailored to investor needs, from money markets to high yield, across the risk spectrum.
Niche sector exposures allow a broad range of clients access to our extensive expertise and heritage across debt markets.
New fixed income
The asset class is evolving and expanding rapidly with new opportunities in securitized, mortgage-backed, working capital, private, real estate and infrastructure debt. We understand these changes and aim to bring them to a broad range of investors through solutions that meet their needs.
Broad range of solutions
Our scale, heritage and global perspective enables us to provide access to a wide range of solutions meeting different client needs.
In-depth expertise
Our heritage and long-standing as fixed income investors means we have dedicated teams with the experience to understand market cycles and constant flux of debt investing, utilizing our team of over 100 investment professionals in key markets across the globe.
Global
Active strategies across the global fixed income asset class spectrum, including flexible, unconstrained, aggregate, corporate and securitized.
Regional and single-country
US, Emerging markets, high yield, Asia, China, European, Swiss, Australian and other regional approaches, and across government and corporate bonds.
Liquidity and cash management
Money market and low duration solutions from dedicated specialists.
Credit Investments Group
A leading non-investment grade franchise investing in senior loans, high-yield bonds, collateralized loan obligations (CLO) and private credit.
Sustainable
Green Social Sustainable Bonds and UN Sustainable Development Goals fixed income offerings.
Global Dynamic Bond strategy

Euro High Yield approach

Gathering of yields from US IG bonds
Why invest in European High Yield?
- Asia credit market on the recovery path
- Will US bond markets outperform Europe and China in 2025?
- 2025 Fixed Income Default Study
- Emerging market debt reflections following IMF-World Bank meetings
- Fixed income outlook – 3Q 2024
- Portfolio diversification with Sukuk
- The Fed did it, and may do it again soon
- Fixed Income Outlook – 2H 2024
- Yielding answers: Are cash investors being complacent?
- Dollar and debt dominate IMF-World Bank discussions
- The next move: Trying to predict central banks’ inflation end game
- European high yield: Still a compelling investment opportunity
- EM investment grade sovereign hard currency debt in central bank portfolios
- The fight against inflation enters extra time
- Macro outlook and impact on fixed income for 2024
- 2024 Fixed Income Default Study
- Sparking bonds back into life
- Asia credit market outlook
- Emerging market review and outlook – equities and fixed income
- A new game plan to invest in China
- Bonds: It is time to fix your fixed income
- The force awakens in fixed income
- EM corporate debt: A misunderstood asset class
- Making your cash work harder
- Convertible bonds and how they perform in the aftermath of a rate hike cycle
- A decade after the taper tantrum, is it the emerging market’s time to shine?
- Pulling the interest rate ripcord
- Has the fixed income ship already sailed?
- Find strength and balance in Asian credit
- Why invest in both Chinese rates and credits
- Noise canceling: Tuning into central banking signals
- The last resort: Bringing inflation back to target when all else fails
- 2023 Fixed Income Default Study
- Credit investing in a higher interest rate world
- China and the Global Economy
- There is light at the end of the tunnel
- A thicker cushion against another bad landing
- Why convertible bonds are useful during market volatility
- What goes up….
- Turning positive? Three reasons to look at fixed income again
- What next for central bank policy?
- Webinar: Where next for bonds?
- The dichotomy within China fixed income
- Sail with lift and drag in China investing
- EM Fixed Income: We aren’t out of the woods yet
- The difference hedging costs make for China bonds
- Why senior secured loans are loved by bond investors
- ECB rate hike cycle: how will they start?
- Is it time to revisit fixed income allocations?
- Three benefits of higher income in fixed income
- EM Fixed Income: Brace for a long, stormy summer
- Global economic growth 2022: 4 potential scenarios
- Fixed income markets and the end of the ‘Fed Put’
- Bond Bites: Off target
- Where next for Emerging market debt?
- Bond Bites: What doesn’t bend, breaks?
- EM Fixed Income: Bye Bye Globalization, Hello Stagflation
- Bonds in the Face of Inflation: the Beautiful and the Damned
- Demystifying ‘Green,’ ‘Social’ and ‘Sustainable’ Bonds
- 2022 ÃÛ¶¹ÊÓƵ-AM Default study
- Into the unknown
- EM Fixed Income: Cross currents bring risks and opportunities
- Navigating challenging fixed income markets
- Postcards from the Death Zone
- Real Estate in China: Sector Focus
- Asia: Looking beyond familiar territory
- China: Navigating the regulatory landscape
- Living in a post-peak growth world
- Capitalism. And other myths.
- The spirit of Dada
- The post-pandemic recovery takes shape
- Conversation with Kevin Zhao — Inflation, post pandemic recovery or longer-term trend?
- Asia Now
- A new rhythm?
- Paying the price of higher growth upfront
- The benefits of convertible bonds
- Expand from the core
- Top three myths in EM corporate bonds debunked
- Bear country - survival tips for the unwary
- China 2021 - the investing outlook in 10 charts
- China fixed income: under the microscope
- EM Fixed Income: As good as it gets?
- China‘s three red lines
- Asia fixed income: a stand-out market
- Emerging Markets: Beyond GDP Growth
- Central banks; still in vogue
- Dividends for yield-thirsty investors
- Trends suppressing bond yields
- When will inflation return?
- Shifting to a lower gear
- Building a climate smart future
- Want China but don't like risk?
- Chinese assets: diversification and return
- Bond yields: lower forever?
- China Translated - July 2020
- The Fed holds the key
- Embracing a socially-distant early cycle
- Michael Baldinger in conversation with Responsible Investor
- China fixed income – investing in a new world
- China fixed income: what is Bond Connect?
Risks
- Potential loss: Diversification is no guarantee against loss. Investors may lose part or all of their invested amount.
- Market risk: Market conditions can trigger fluctuations in total returns.
- Liquidity risk: Some investments may entail liquidity risk.
- Foreign currency risk: The fund’s total return can be adversely affected by exchange rate fluctuations.