After years of “T-bill and chill,” the fixed income landscape is shifting rapidly. Benchmarks now carry significantly more credit and duration risk than a decade ago, making passive exposure increasingly risky. In this keynote, our expert explores why active management is poised to outperform in the next cycle. Learn how structural shifts — from the Fed’s easing cycle to the convergence of public and private credit — create opportunities for active strategies to exploit mispricings that passive frameworks may overlook.