Colin is global head of fixed income at Columbia Threadneedle Investments. He and his team seek to deliver strong risk-adjusted performance versus benchmarks and competitors in multiple strategies ranging from high quality to high yield, short duration to long duration/LDI, and multi-sector portfolios.
Liquidity is the ability and the cost to transact within a portfolio. And it's been a hot topic. Some people may say it's so 2014 because it really hasn't been an issue for the last few years. And I disagree with them. I think it's getting masked because we've had so much money flow into many of the categories, many of the sectors, within the bond market.