European QE Draws Attention to Irish Bonds

John Taylor

John Taylor (pictured) and Dennis Shen

Europe’s bond markets are starting to focus on the potential impact of ECB sovereign-bond purchases. While we expect QE to prompt a further narrowing of peripheral European sovereign-bond spreads, it’s important to stay focused on country fundamentals when selecting exposure.

Read More

Are Bonds Really Less Risky than Equities?

Patrick Rudden

It’s practically an investing axiom that government bonds are much less volatile than equities. But that depends on how you look at it. In fact, our research suggests that income streams from stocks are actually much less volatile than those of government bonds.

Read More

More Upside than Downside in Oil

Jon Ruff

A combination of factors has driven oil prices down since midyear, and while oil prices could fall further in the next couple of months, we think they’re likely to rebound in 2015. If they don’t, there could be an even bigger surge down the road.

Read More

Divergent Interest Rates: A Golden Opportunity

Alison Martier

US interest rates look set to rise in 2015, and that’s unsettling for some fixed-income investors. But here’s the good news: US bonds aren’t the only game in town.

Read More

Bond Investors Should Watch Out for the Flavor of the Month

Ashish Shah

Rising rates and inflation aren’t the biggest risks high-yield bond investors face today. We think the larger concerns are concentration and crowding stemming from low liquidity.

Read More

European Small-Caps: Focus on Companies, Not Countries

Liliana Castillo Dearth

Liliana Castillo Dearth (pictured) and Alan Connery

Growth in the euro area has slowed sharply, but that’s not true for all companies in the region. We think worries about Europe’s recovery may offer investors the chance to buy quality, small-cap stocks for less than they would pay for similar-caliber companies elsewhere.

Read More

Lessons Learned in 2014

Seth J. Masters

In 2014, US stocks forged ahead, international developed and emerging-market stocks lagged, bonds did better than expected, and the IRS took a bigger bite. Here are some lessons for US investors to carry forward into 2015.

Read More

Will Two Key Sectors Survive China’s “Long” Landing?

Hayden Briscoe

By Hayden Briscoe (pictured), Shamaila Khan and Jenny Zeng

Based on insights from our team’s recent trip to China, we noted that the country is likely headed for a long economic landing. What does that mean for its infrastructure and commodity sectors?

Read More

Five Ways to Tackle Risk in Emerging Equities

Nelson Yu

Nelson Yu (pictured) and Morgan C. Harting

Emerging-market (EM) equities are far more turbulent than their developed-world peers. But there are several things investors can do to capture the attractive return potential while reducing volatility. Staying active is the lynchpin for success.

Read More

China’s Economy Gliding into “Long” Landing

Hayden Briscoe

By Hayden Briscoe (pictured), Shamaila Khan and Jenny Zeng

China’s economy isn’t headed for a hard or soft landing—instead, it’s more likely to be a long landing. That’s our perspective, based on our team’s recent visit to China to get an up-close look at the economic landscape.

Read More