BlackRock’s Steve Laipply traces the evolution of fixed-income ETFs—from their skeptical early reception to becoming a core liquidity and price-discovery tool across global bond markets. He explains how innovations such as portfolio trading, electronic pricing, and active ETF strategies have helped advisors build more efficient portfolios and manage risk through even the most stressed market environments, including the COVID-19 crisis.
Are bonds boring? That’s their reputation—and it’s a big part of why investors embrace them.
But Steve Laipply, global co-head of iShares fixed-income ETFs at BlackRock, thinks there’s also a lot more excitement to bonds than we give them credit for.
In this episode, Steve talks with Ben and Julie about:
Catch up on previous episodes: https://www.morningstar.com/views/podcasts/big-picture-in-practice