There are ways to win when markets are volatile.

One way is through buying “story bonds,” or bonds that are performing contrary to general market movements.

“[These are] bonds that we think can outperform the broad market, either because they have become technically cheap, or because we anticipate a fundamental event (such as a ratings upgrade),” say the portfolio managers at Lawrence Park Capital Partners.

For more, watch this video, where they talk about how to profit from volatility, opportunities in global credit during the summer, and the impact of bank downgrades.