With the Federal Reserve moving back into a tightening cycle and policy rates set to stay higher for longer, fixed income allocators face renewed pressure on duration positioning, mark-to-market volatility and the relative value of public bonds versus private credit. At the same time, higher starting yields are giving institutions an opportunity to rethink how their bond portfolios are built, from liability matching and liquidity buffers to the balance between core, credit and multisector mandates.

Building on the success of Institutional Investor's Redefining Fixed Income Forum in Chicago, the Redefining Fixed Income Circle brings the conversation into a new, more intimate format. This invitation-only gathering convenes heads of fixed income platforms and senior fixed income allocators from leading pension systems, insurance general accounts, endowments, foundations and other long-term pools of capital, alongside a select group of asset managers who partner with them.

With fixed income firmly back at the center of institutional portfolios, the Circle replaces panels and presentations with candid, peer-led discussion. Held the day before the Public Funds Roundtable, the program digs into every aspect of running a fixed income portfolio, from strategic allocation and manager selection to the technical details of implementation, risk and portfolio construction.