Global High Yield Market: Why is The Index Top Quartile?

Index investors in global high yield fixed income might hope to match the index while active investors might hope to beat the index. In both cases there are significant headwinds to overcome from high turnover to high transaction costs to the difficulty of sourcing bonds to sporadic liquidity. Join fund manager Paul Benson, from BNY Mellon’s Efficient Global High Yield Fund, to understand how Mellon overcomes these headwinds, targets index returns after fees and as a result top quartile performance.