Portfolio managers Tom Ross and Ian Bettney, alongside tennis coach Steve Whelan, explore the parallels between tennis and fixed income. Perspective shapes interpretation, innovation alters the environment and opportunity set, and adaptability determines how responses evolve as conditions change.

Lessons between tennis and fixed income

Ecological dynamics suggests that outcomes emerge through the interaction between individuals and their environment. Decisions are shaped in real time by available information, context and constraints.

In complex environments, this places perspective at the centre. The ability to interpret information, adapt as conditions change and apply multiple lenses becomes a source of advantage.

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