Where's the real value in fixed income right now?

Rates aren't falling as expected coming into 2026. Where's the real value in fixed income right now?

At IMPower Fund Forum, Nuveen's Tony Appiah, Client Portfolio Manager – Equities & Fixed Income, sat down to discuss what private wealth clients are prioritising in today's market — and the answer goes beyond simply waiting for rate cuts.

With inflation-adjusted returns top of mind, Tony highlights why floating rate assets — including senior loans and CLOs — are capturing real attention: higher coupons as rates stay elevated, shorter duration, and less price volatility than many clients anticipate.

The conversation also spans AI-driven infrastructure, US small/mid-cap equities, emerging market fixed income, and why fiscal policy — not monetary policy — may be the story markets are underpricing over the next 12–18 months.

Selectivity. Local presence. A platform that connects public and private markets. These are the themes shaping how sophisticated investors are positioning portfolios today.

Watch video