iShares’ Pachatouridi to talk on ETFs in bond markets
Vasiliki Pachatouridi, vice president, product strategist iShares Fixed Income will join InvestmentEurope‘s Fund Selector Bond Focus Italy in Milan to discuss the role of ETFs in liquidity constrained bond markets.
“Since the financial crisis in 2008, fixed income markets have experienced a decline in liquidity despite ballooning debt issuance over the same time. Subsequent regulatory reforms led to a reduction in the amount of capital that banks, brokers and other traditional liquidity providers commit to supporting secondary bond trading. This further reduced the tradable supply of bonds, impacting investors’ efforts to source securities, as well as their efforts to obtain bids on positions,” Pachatouridi will argue.
The product strategist will also discuss some of the drivers behind the challenges in trading cash bonds, as well as how ETFs can help improve liquidity within different parts of the fixed income market.
Vasiliki Pachatouridi, Vice President, is a member of the Product Strategy Team within BlackRock’s Fixed Income Portfolio Management Group. She is a product strategist focusing on iShares fixed income ETFs.
Pachatouridi’s service with the firm dates back to 2007, including her years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Previously, she was a member of the iShares EMEA Investment Strategies & Insights team, where she provided analysis of ETF products as well as education and research on the wider indexing space. At BGI, she started her career within the Transition Management team.
Pachatouridi earned MSc degree, with a first class honours, in investment management from Cass Business School in 2007 and a BSc degree in business administration from University of Bath in 2006.