The team does stick to higher-rated securities, with the majority of securitized assets rated AA and above, but many of its holdings still carry more risk than its staider ultrashort bond peers.

The team does stick to higher-rated securities, with the majority of securitized assets rated AA and above, but many of its holdings still carry more risk than its staider ultrashort bond peers.

It emphasises ‘exciting’, ‘groundbreaking’, ‘breakthrough’ findings instead of staider but more robust research. And the hyper-competition among scientists to publish more and more papers means that ...