Achieving the right Fixed Income mix

Over the last week or so, the major UK banks have been reporting results for the first six months of 2025. Considering the noise around the UK’s fiscal situation and some softening in broader macroeconomic conditions, these releases offer another valuable data point for analysing the health of the UK economy and the operating environment of UK banks.

The European corporate hybrid market has been established for some time. It is dominated by investment grade issuers seeking to raise capital with limited impact on their leverage ratios, thanks to rating agency treatment that classifies hybrids as 50% equity and 50% debt from a balance sheet perspective.

The US and the European Union (EU) have reached a trade agreement, averting a worst-case scenario of a more damaging trade war.

In this short video, you learn more about the sources, into which our experts in fixed income investments tap under different market conditions with the aim of generating alpha, the core of active management.

The UK Office for National Statistics (ONS) issued their monthly summary of the UK government’s income and expenses as well as the impact these have on the budget deficit and fiscal debt levels.

The Trump administration’s immigration policy leaves the US labour market at a pivotal juncture.