The Consultant

opinion

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A fund manager recently asked for my expectations concerning the future of bond management. Well, who really knows what the future holds? The best I could do is to identify some persistent trends that we see in bond mandates:

Investment mandates are increasingly closely tailored to client needs. In response, we expect to see the managers that take a more proactive approach succeed. We are rapidly moving away from the one-size-fits-all approach that was prevalent in the past.

Pens

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