In 2019, we have nearly doubled the respondents to the study, interviewing some 145 fixed income specialists — responsible for the fixed income components of portfolios totalling US$14 trillion in AUM (as at 30 June 2018). Our respondents work across pension funds (both defined benefit and defined contribution), sovereign wealth funds, insurers and wholesale investors including private banks, diversified fund managers, multi-managers, and model builders. They are located across all the major regions of North America, Europe, and Asia-Pacific.