Fixed income ETFs are growing rapidly and influencing liquidity, price formation and spread behaviour, particularly in high yield and credit. Passive flows are moving markets faster and increasing transparency across portfolios, reinforcing the interplay between active and passive strategies within the fixed income ecosystem.

This session will focus on how PMs are adjusting portfolio construction and liquidity planning to navigate and capitalise on both active and passive dynamics, better anticipate flows, access liquidity more efficiently and capture opportunities, while protecting performance and maintaining discipline in a more flow-driven environment.