“By 2017 next generation debt strategies will represent nearly 80% of the annual revenue created by fixed income mandates from U.S. investors.” (Source: When the Tide Turns: Building Next Generation Fixed Income Managers, by Casey Quirk, May 2013)
With investors facing uncertainty in the bond markets, fixed income alternatives are seen as a necessity to protect funding ratios. Are you prepared for this shift in your debt portfolio? Do you have the specific strategies you need and the in-depth investment know-how to successfully invest in higher-risk fixed income alternatives
I see hybrid property/income strategies or private equity driven infrastructure income funds coming in to fill this gap.