Tabula IM: Expansion plans to focus on core markets beyond credit

Cash bond products among sectors being considered

Tabula Investment Management CEO Michael John Lytle has said the firm’s product pipeline will focus on "core markets outside of credit", as it looks to expand its nascent offering.

Following the joint launch of the Tabula J.P. Morgan Global Credit Volatility Premium Index UCITS ETF in the spring of 2019, which provides investors with access to alternative risk premia, Lytle said that while the firm's peers have traditionally tried to expand into equity ETFs, "the key" lies elsewhere. "We will be looking at some cash bond products, but not in the way everybody else has," he said. "Alternative risk premia is basically this idea of credit volatility having value and is less about views on credit and more about views on capturing alternative value. So you could actu...