Equity strategies may not stand up to the complexity of the fixed income markets.
AQR CIO says firm is sticking with strategy until proven otherwise.
One sees parallels to 2007 in current market conditions.
While currently a small part of overall business, private credit could help pension funds meet returns.
Corporate debt could hit ‘wall of maturity’ in a few years, Morningstar panelists say.
Practice seen as less risky as it was before the financial crisis.
Performance-based model, new leadership strengthens position.