Fixed Income Investing — Shift to Indexing Accelerates

The volatility experienced on global fixed income markets in the first quarter, amid massive uncertainty emanating from the COVID-19 outbreak, has resulted in a changed landscape. Return-seeking investors are increasingly challenging the approaches they’ve used in the past. With sovereign bond yields on the floor, the potential opportunity in credit is drawing attention. And the momentum behind gaining fixed income exposures through indexing shows few signs of letting up.