RLAM's Eric Holt: Cashflow visibility is king in fixed income

Talking to Professional Adviser and Investment Week editorial director Lawrence Gosling as part of a new series of video interviews with the group's investment team, Holt said: "Reducing the volatility around cashflows is important, as is managing the portfolio according to the client's risk appetite."  At a time when prospective returns for fixed income are challenged, RLAM has included global high yield in its approach. Azhar Hussain, head of global high yield at RLAM, said: "Markets and companies will introduce new instruments with lots of shiny new covenants and high coupons, but ...