The next new investment trend shaking up the wholesale fixed income sector

The lowdown on 'buy and maintain'

Not all institutional trends trickle down to the wholesale market.

Liability-driven investing is one that for a number of reasons has not, while the rotation from UK equities into global equities, a seismic move in the institutional space, has been less significant in the wholesale market. Some trends do, however, break through. 'Buy and maintain' could be the next. A fixed income strategy familiar to insurers and increasingly pension schemes, buy and maintain seeks to avoid the cost and performance costs and inefficiencies of both traditional active and passive management by harvesting the maximum opportunity in the bond markets as cheaply as possib...