With interest rates arguably at their lowest levels in 5000 years amid weak economic growth, investors and policymakers are questioning whether the long-term, natural rate of interest will be persistently low and constrain returns across asset classes.
This has profound implications for institutional investors with long time horizons. Their current and future decisions about which asset classes they should favour, and the methods of implementation, will be pivotal. We believe their response should be radical.
Forging opportunities in emerging-market credit
Chief Executive Officer
Head of Investments