
Multi Asset Credit (MAC) and Absolute Return Fixed Income strategies have long competed for investor attention. But does choosing one over the other make sense? At a time when interest rates are either ultra-low or even negative, positive inflation-adjusted returns are in short supply. To achieve them, bond investors have turned to strategies that have the flexibility to invest in different types of fixed income, the most popular of which are multi asset credit (MAC) and absolute return fixed income (ARFI).