Investors cannot afford to be “lazy” and leave investable capital sitting idle. Expanding the investable universe can help meet the need for positive real returns while maintaining an appropriate level of insurance in portfolios. Going back to the drawing board, it is time to look closely at the illiquidity premium – the one risk premium that offers strong value over the cyclical horizon. A combination of interest rate, credit and illiquidity risks provide diversified fixed income exposures with attractive return potential.

Presentation  (37 mins)  |  Slides

Podcast   (3...