PA Congress Insight: Opportunity rife in fantastically inefficient credit markets

The popularity of strategic bond funds is partly predicated on the go-anywhere nature of the sector. But, says BlackRock’s Ben Edwards, this does not mean “go everywhere randomly at different times.

It is for this reason that the firm has taken a very formalised approach for its newest offering the BlackRock Sterling Strategic Bond Fund.

“The brilliant thing about credit markets is that they are fantastically inefficient,”Edwards said, when asked about the opportunity set currently available, “everyone complains about volatility, but it is how we make money.”

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