For Beta or Worse? Applying the Active vs Passive Debate to Corporate Bond Markets
Tuesday 03 December 2024 | 18:00 - 20:30 | Evening Event
This event has been organised by the CFA UK Fixed Income Working Group in partnership with S&P Dow Jones Indices
The debate between active and passive investment strategies has long been a hot topic, particularly in equity markets.
But now, as passive investing takes off in fixed income, the spotlight is shifting to corporate credit.
In this session, industry experts Tim Edwards and Ben Ashby will showcase the merits of both strategies, helping you to dispel common misconceptions about the limitations of indexing in bond markets.
The discussion will give you an improved understanding of the practical, theoretical, and even theological arguments for and against passive investing in corporate bonds.
In this webinar you will:
-
Discover the advantages and disadvantages of passive investing
-
Understand how passive investing has evolved in the asset class
-
Explore the nuances of rules-based index construction, return characteristics, and portfolio construction
-
Identify the benefits of passive allocation to different types of investors, and across the spectrum of corporate bond markets.
Timings:
Registration: 18:00
Event: 18:30 - 20:30
Speakers:
Tim Edwards, Managing Director and Global Head of Index Investment Strategy
Tim Edwards is Managing Director and Global Head of Index Investment Strategy at S&P Dow Jones Indices (S&P DJI). The group provides research and commentary on S&P DJI’s entire product set, including U.S. and global equities, commodities, fixed income, and economic indices.
Prior to joining S&P DJI in 2013, Tim worked for Barclays Capital, initially within fund-linked derivatives and subsequently in exchange-traded products and index-linked derivatives. Prior to that, he worked at the Royal Institution of Great Britain.
Tim holds a Ph.D. in pure mathematics from University College London.
Ben Ashby, Chief Investment Officer
Ben Ashby is the Chief Investment Officer for Henderson Rowe, a UK investment manager. Ben also serves as Head of Fixed Income & OCIO for the US parent company, Rayliant Global Advisors.
Previously, Ben was a Managing Director in JPMorgan’s Chief Investment Office. Ben also sits on the Board of the University of Cambridge’s Centre for Financial History. He also co-hosts the CFA UK’s “Future Proofing Finance” podcast. Ben also regularly writes for various publications including Nikkei Asia, The Banker, Citywire and Bloomberg .’
Click here to view our event terms and conditions.
This event is in partnership with S&P Dow Jones Indices
