Just 38.46% of GP 100 Panel have asked their fixed income managers for increased specialisation when making allocations to the asset class.
The findings come after asset managers including PIMCO and Swisscanto, as well as global consultants, said clients had begun asking for a very specific set of skills from their managers.
Consultants report seeing this trend in countries such as the UK, US, and the Netherlands.
However, 61.54% of respondents said they had not discussed increased specialisation within their fixed income portfolio. One said: "We believe that external non-domestic fixed income managers can outperform by taking a macro view, hence country, currency, sector selection are the main drivers of alpha."
Click here to more about the trend towards fixed income specialisation.