Smart beta era for fixed-income?
World’s biggest asset manager BlackRock has listed their fixed income range smart beta last month, iShares Edge High Yield Defensive Bond ETF. While the equity smart beta strategies and ETFs are hugely popular, fixed income smart beta products (ETFs in particular) are still in a nascent stage. With BlackRock entering this arena, will this be a smart beta era for fixed income? are other biggies of asset management to follow suit?
We at Invisage (previously VTFinTech) believe that smart beta fixed income strategies are going to catchup with their equity counterparts and we are gearing up our offering for fixed income range! Our product Parity One will soon have fixed income support to design smart beta strategies int he form of benchmarks and portfolios.