Passive fixed income misses over 200 fallen angels since 2020

Passive fixed income misses over 200 fallen angels since 2020


Investors in passive fixed income funds have missed out on significant growth opportunities over the past five years, driven by increased market volatility, according to analysis by wealth and asset management firm Rathbones Group.

The firm noted greater geo-political and economic uncertainty worldwide has led to a rise in companies having their credit ratings adjusted by agencies, with rising numbers of credit downgrades (so-called fallen angels) and missed upgrades (so-called r…

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