Even as indexing’s popularity continues to grow, many institutional investors are seeking to better tailor it to their specific needs. For some, that means turning to custom indexing, in which an investment portfolio is aligned to an index that’s been fully customized to their specifications. To find out how custom indexing works—and what institutional investors should know about it—Chief Investment Officer spoke recently with a trio of indexing experts from Invesco Ltd.’s Invesco Investment Solutions unit: Brian Hartigan, global head of index implementation and passive investments; Mo Haghbin, chief commercial officer and chief operating officer; and Vincent de Martel, head of North America client solutions.
The market for floating-rate bank loans has grown significantly over the past decade and now stands at about $1.2 trillion, approximately the same size as the high-yield debt market. CIO spoke recently with MetLife Investment Management (MIM) bank loans portfolio manager, Matthew McInerny, and head of high yield, Timothy Rabe, to find out why the asset class is in such demand and how institutional investors can take advantage of its current dynamics.