Fixed Income

Fidelity has established a strong reputation in the management of institutional fixed income assets through our well defined investment philosophy, commitment to in-house research and rigorous and repeatable process.
 
Fidelity has specialist Fixed Income teams in London, Hong Kong and Tokyo – with access to US resources provided by our US affiliate – Fidelity Management and Research Co.
 
Fidelity prides itself on its proprietary research driven process, which applies equally to the management of fixed income as to equities.  Our highly experienced portfolio managers draw on our global research team, spread across the world, delivering local knowledge and expertise, ensuring we maintain an international perspective.  The quantitative team are integral to providing top-down insights and rigorous risk controls.
 
We believe that bond markets are dynamic and that a multi-strategy approach is the best way to capture opportunities, enabling us to generate attractive risk-adjusted returns.  Some of the strategies we regularly employ include:
 

• Asset allocation across markets
• Yield curve positioning
• Interest and exchange rate expectations
• Sector allocation between credit rating bands and industry sectors
• In-house issuer credit analysis as well as external agency analysis
• Security valuation within issuer companies and switching between issues