High Yield’s September Sell-Off Doesn’t Change the Story

By Ivan Rudolph-Shabinsky (pictured) and Gershon Distenfeld of AllianceBernstein (NYSE: AB) The recent sell-off in high-yield bonds has many investors wondering whether this is another big buying opportunity—like prior sell-offs have been—or the start of something more ominous. 

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The Liquidity Illusion: Pension Funds Should Rethink Fixed Income

Pension fund managers, like many investors, have historically paid a premium for liquidity. Lately they’ve started to realize that liquidity can be an illusion—but it can also be an opportunity.

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The Liquidity Illusion: Pension Funds Should Rethink Fixed Income

Pension fund managers, like many investors, have historically paid a premium for liquidity. Lately they’ve started to realize that liquidity can be an illusion—but it can also be an opportunity.

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Are Asia ex Japan Equities Primed for a Comeback?

Stuart Rae (pictured) and Rajeev Eyunni As developed-market equities continue to scale multiyear highs, their emerging-market counterparts—most notably Asian ex Japan stocks—have been more hesitant. Is it time for investors to take a closer look at the region?

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Avoiding Short-Term Gains

Want to reduce tax on your investment income? Avoid sales of appreciated stocks held less than a year. Here’s how it might have helped some disappointed Facebook shareholders earlier this year.

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Avoiding Short-Term Gains

Want to reduce tax on your investment income? Avoid sales of appreciated stocks held less than a year. Here’s how it might have helped some disappointed Facebook shareholders earlier this year.

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Asian Tastes Add Spice to Consumer Industry Returns

Asian consumers are proud of their distinct tastes and traditions. That puts homegrown restaurant franchises and consumer companies with a deep knowledge of local appetites at the top of the food chain. In our view, they stand a good chance of staying there, even as competition from global franchises and brands picks up.

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Could Bad News Mean Good News for European Equities?

Much of the recent economic data from the euro zone has been decidedly downbeat, with growth trends weak and signs of deflation emerging. The good news is that Europe’s policymakers are responding vigorously. We may now be in a “bad news is good news” scenario for European equities.

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Fed Rate Policy: Crafting a Game Plan

Capital markets could get a jolt if the US Federal Reserve raises interest rates faster and farther than expected. But we don’t think there would be a major sell-off in risk assets, and there are several ways for investors to play the possibilities.

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Growing Older in Emerging Markets

The rapidly aging demographic in developing countries is an important market for consumer companies. For investors, it’s imperative to understand why complex socioeconomic changes will affect spending patterns in unfamiliar ways as emerging markets mature.

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