Substituting convertible securities for CCC rated bonds in high yield mandates may improve return potential while reducing reliance on distressed credit risk.

Potential—and pitfalls—in AI debt for insurance allocators.

Dividend yield reflects what a company paid; price-to-book what it owns. Neither captures what it can do next.

Government-backed mortgage bonds have outperformed during some of the market’s worst quarters. Here’s how they work and what their track record has historically meant for investors seeking diversification.

Private assets have an important role in enhancing long-term Defined Contribution retirement outcomes.

While major prepayment models produce reasonable forecasts for broad segments of the mortgage market, they often have shortcomings. This is how Voya’s mortgage derivatives team exploited one structural misvaluation.

As sponsors confront volatile oil prices and geopolitical risk, here’s a look at what does (and doesn’t) work.

Structured lending to funds can provide similar returns at potentially lower risk than investing as an LP...

Financial Literacy Month may be more effective when DC plans simplify participant decisions. What role can DC specialists play in helping sponsors see that?

Major changes in securitized credit benchmarking and fund categorization are under way. Is your portfolio ready?