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.
24 April 2017
Salman Ahmed, Lombard Odier Chief Investment Strategist
Salman Ahmed comments on the results of the first round of the French presidential election which sees both mainstream parties eliminated and an increase in the probability of a pro-EU French president, but should not invite complacency.
Tackling climate change is one of the biggest challenges of our generation. We believe climate bonds can allow investors’ capital to have environmental impact without sacrificing investment returns.
13 April 2017
A strategic case, a tactical opportunity, an enhanced solution.
17 March 2017
Discover our five principles for the “new paradigm” fixed-income portfolio
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.
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.
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.