Public Fixed Income

The current interest rate environment tells us a lot about future returns; we are now faced with a daunting risk/return proposition if we simply employ a “normal” fixed income strategy that follows the best practices of the past.

The last four decades of our history are notable for a massive decline in interest rates and this has led to an industry bias towards expecting history to repeat itself—an impossible outcome. At BIP we constantly monitor rates to balance risk and opportunity in public market fixed income investing, knowing that the future is one of limited returns and large risks that reduce the value of diversification into this once attractive asset class.

About Our Formula

E. Cramer presenting at Qtrly Mrkt Rev