AFI brand banner

Active Fixed Income at L&G

Investing for the long term

Why L&G for Active Fixed Income?

A heavy metal chain

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.

Two yachts sailing near each other

Risk aware

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

A ship's compass

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.

Explore our Global Unconstrained Bond Plus Fund

Aims to capture the upside opportunities while mitigating the downside in all market conditions.

Why now for Unconstrained Bond Strategies?

Global diversification

The global economy is shifting. An unconstrained investment approach that focuses on diversification, with no home bias, can help investors adapt to the changing landscape.

It should be noted that diversification is no guarantee against a loss in a declining market.

A source of stability

In uncertain markets, we believe strategies that are nimble, quick to adapt with a focus on downside risk mitigation can outperform their constrained, benchmarked counterparts.

Broad flexibility

The future is becoming even harder to predict and as a result market volatility is more common.

Sudden market price movements provide opportunities for nimble, active managers.

Read our latest insights

duration

Duration: friend or foe?

The case for dynamism in unconstrained bond portfolios

kayak 1

The power to adapt when uncertainty reigns

We believe flexibility is key to capturing potential opportunities and mitigating risks across the multi-faceted fixed income spectrum. 

AFI outlook evergreen image

Quarterly Active Fixed Income Outlook

Read our latest insights

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:

£167bn AUM

In our Active Strategies*

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 internal data as at 30 June 2025. Includes assets from associates and is based on managed AUM, including £2.7bn from multi-asset strategies.

Get in touch

Woman talking on phone

Get in touch

If you would like any further information please complete the contact us form. 

Recommended content for you

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: