While the market-cap methodology has been the guiding principle for equities index creators, it’s increasingly viewed as a structural error in the world of fixed income. Today, TMX VettaFi is helping to spearhead a growing movement of index innovators who are inclined to challenging the fixed income status quo. A conversation with Samarth Sanghavi, head of fixed income index product, further underscored this notion that traditional bond benchmarks are fundamentally misaligned with the needs of today’s investors.
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