
Active fixed income
Active through opportunity, fixed on results. Income and growth pursued for over 50 years
Why L&G for Active Fixed Income?

Heritage
With a heritage in insurance dating back to the 1800s, our foundations are deeply rooted in the analysis and understanding of risk. We believe this is intrinsic to successfully navigating investment opportunities in active fixed income.

Risk aware
We aim to generate consistent returns by taking considered risk in areas where structural, behavioural and unique factors create opportunities.

Distinctive approach
Fixed income, equity and responsible investment experts are closely connected by a global research and engagement platform. This cross-asset class approach enables open debate to uncover risks and opportunities that may be missed by a more traditional single-asset class.
Strategies
We offer access to a wide variety of different active fixed income strategies to cover the full range of client needs, which can be used independently or together as part of a broader solution. Our capabilities include but are not limited to:
Global Bonds
Euro Credit
Emerging markets
The value of an investment and any income taken from it is not guaranteed and can go down as well as up, and the investor may get back less than the original amount invested.
*Source: L&G's Asset Management business internal data as at 31 December 2024. Includes assets from associates and is based on managed AUM, including £1.5bn from multi-asset strategies.
Adding value is at the heart of our philosophy
Whatever your outlook, we believe a stable and risk-aware style of managing active fixed income can help uncover potential opportunities, avoid systemic risks and respond quickly to changing market conditions

Constrained investors
Rules-based investors create opportunities for active managers that we believe can be consistently exploited.

Behavioural biases
We consistently ask questions to determine when markets systematically over and undershoot.

Analytical blindspots
We exploit overlooked fundamentals that can add value.
Recommended insights for you
Further reading

Q1 2025 Active Fixed Income Outlook: Trump arrives
Will the market in 2025 be defined by Trump or technicals?

October 2024: Active Fixed Income at a Glance
Our monthly AFI at a Glance short report covers the credit scores, strategy positioning and concise investment views of the Active Fixed Income team.

Fixed Income in focus: Euro Credit
For the latest in our quarterly series of updates on the global fixed income market, LGIM’s Head of Euro Credit Marc Rovers gives us a detailed briefing on where the European debt market is, and where it may be heading.
Get in touch

Get in touch
If you would like any further information please complete the contact us form.
Key risks
The value of an investment and any income taken from it is not guaranteed and can go down as well as up, and the investor may get back less than the original amount invested.
Whilst L&G has integrated Environmental, Social, and Governance (ESG) considerations into its investment decision-making and stewardship practices, this does not guarantee the achievement of responsible investing goals within funds that do not include specific ESG goals within their objectives.
The risks associated with each fund or investment strategy should be read and understood before making any investment decisions. Further information on the risks of investing in this fund is available in the prospectus here: