Making the case for active bond ETFs
State Street Global Advisors and DoubleLine Capital’s Jeffrey Gundlach, who has been called the new “Bond King”, have teamed up for a new active fixed income ETF initiative.
Bond investing has become a lot more complicated. The characteristics of global fixed income markets have changed noticeably over the past 10 years, with duration of major fixed income indices extended. So when rates have hit a secular low, interest-rate risk has hit a secular high.
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