Salman Ahmed, Chief Investment Strategist, explains how investors need to rethink fixed income investing in order to mitigate today’s challenges and embrace a new paradigm of bond investing focussed on trading less and quality.
For investors wishing to access the compelling benefits of convertible bonds, we are a natural choice. Lombard Odier Investment Managers is a market leader in convertible bonds with a strong track record and an experienced team.
05 January 2017
We see a positive outlook for 2017 but this by no means invites complacency - the need for investors to rethink their investment approach will be more important than ever in 2017
10 January 2017
Salman Ahmed and Jan Straatman on the rise of populism in some of the world’s most important economies which has led to a lot of talk about a “return to the 1930s”.
We’ve grown stronger through 40 financial crises, not by standing still and waiting for them to pass, but by re-evaluating and rethinking the world around us.
The world has changed and investors need to rethink fixed income investing.
In the new investment paradigm, the search for yield remains at the forefront of investors’ objectives, increasing the appeal of corporate credit. We believe that the crossover “BBB-BB” segment of corporate credit offers a compelling alternative to investment grade.
The common sense alternative we call fundamental fixed income.
We believe fundamentals and valuations make EM equities and bonds attractive.
Smart beta aims to deliver more efficient market exposure than traditional benchmarks.
Our High Conviction teams aim to deliver alpha in benchmark-unconstrained, long-only portfolios while maximising risk-adjusted returns.
The teams have the freedom to focus on managing risk and generating returns.
Our Absolute Return investment teams target returns that are uncorrelated to market cycles and free from any systematic factors.
We also manage less liquid strategies which are designed to benefit from an illiquidity premium and aim to provide long-term protection from inflation.
We believe that risk-based asset allocation is key to achieving better diversification, capital protection and stable long-term performance.
In our view, clients’ objectives should be translated into a risk budget, rather than targeted returns.