April brought heightened volatility to the financial markets, reinforcing the value of an active-passive barbell strategy for fixed income investing. This week on Basis Points, Kevin Flanagan explains how a repositioning in the Bianco Research Fixed Income Index supports a responsive, active core bond strategy in turbulent times.
Basis point: 1/100th of 1 percent.
Bianco Research Fixed-Income Total Return Index: The Bianco Research Fixed Income Total Return Index seeks to outperform a comparable baseline neutral portfolio of fixed income securities.