November 12, 2019 This Is No Time to Ditch Duration by Erin Bigley It’s easy to overlook government bonds today with yields so low. But their interest-rate sensitivity, or duration, can provide vital protection when riskier assets such as stocks and credit struggle. Fixed Income, Later in the Cycle Likes 0 SHARE Bookmarks
October 24, 2019 A High-Income Survival Guide for Late-Cycle Markets by Gershon Distenfeld, Noelle Chiang It’s easy to get spooked in late-cycle markets. But we think there’s a way to de-risk your portfolio and still generate a decent level of income—no magic spells necessary. Fixed Income, Later in the Cycle Likes 1 SHARE Bookmarks
October 15, 2019 Muni Investors: Listen to the Market by Daryl Clements Municipal bonds help do three important things: provide income, preserve capital and dampen volatility. But flexibility is important, because how investors can best position their muni portfolios depends a lot on current market conditions. Fixed Income, Later in the Cycle, Municipals Likes 0 SHARE Bookmarks
October 14, 2019 Why It’s Time for a Barbell Strategy by Matthew Sheridan As economic cycles enter their later stages, investors sometimes find that they’re taking too much risk to generate income. There’s a strategy that can help—and we think now is the time to use it. Fixed Income, Later in the Cycle Likes 0 SHARE Bookmarks
October 07, 2019 Will Municipal Bonds Continue to Deliver? An Investor Q&A by Daryl Clements Despite the municipal market’s strong year-to-date rally, an aging US expansion and low yields continue to top municipal investors’ concerns as we enter the home stretch of 2019. When conditions are evolving and visibility is limited, active and flexible strategies can help balance risk and reward. Active & Passive , Fixed Income, Later in the Cycle, Municipals Likes 0 SHARE Bookmarks
September 25, 2019 Choosing Better Investing Ingredients for a Turn in the Cycle by Richard Brink, Walt Czaicki What sources of market returns can withstand late-cycle uncertainty? By identifying the right ingredients, we think investors can create an allocation with the potential to overcome new challenges and perform well over the long term. Active & Passive , Asset Allocation, Equities, Fixed Income, Later in the Cycle, Volatility Likes 0 SHARE Bookmarks
September 24, 2019 How High Yield May Reduce Portfolio Risk by Gershon Distenfeld Want to reduce overall portfolio risk without giving up on income? Consider high-yield bonds. Fixed Income, Later in the Cycle, Volatility Likes 0 SHARE Bookmarks
September 17, 2019 How Balanced Income Can Help in Today’s Markets by Matthew Sheridan Investors can find income in US bond markets—but this late in the credit cycle, the right approach can make a big difference. Fixed Income, Later in the Cycle, Volatility Likes 0 SHARE Bookmarks
September 11, 2019 Income Investing When (Trade) Tensions Run High by Monika Carlson Trade tensions—and the volatility they bring—are forcing investors to think about new ways to generate low-volatility income. A mortgage income strategy that balances high-quality securities with historically high-returning ones can help Fixed Income, Later in the Cycle, Trade Wars, Volatility Likes 0 SHARE Bookmarks
September 04, 2019 Three Ways to Manage Fixed-Income Liquidity Risk by Markus Peters, Flavio Carpenzano Liquidity risk grabbed headlines this summer on the heels of several high-profile fund implosions. The hunt is now on to find ways to manage market liquidity risk and to protect portfolios against liquidity crunches. We’ve pinpointed three essential practices. Fixed Income, Volatility Likes 0 SHARE Bookmarks
September 03, 2019 Why EM Corporate Debt Deserves a Place in Your Portfolio by Shamaila Khan, Elizabeth Bakarich Investors recognize that emerging markets are at the core of the global economy and belong in a fixed-income allocation. Still, many investors are underexposed to emerging-market corporate bonds. We think that’s a mistake. Emerging Markets, Fixed Income Likes 0 SHARE Bookmarks
August 29, 2019 Investors Can Hold US Companies Accountable to Roundtable Pledges by Dan Roarty, Shawn Keegan Leading US CEOs recently pledged to redefine the role of the corporation in society. But will they make good on their promises? Responsible investors need a clear way to evaluate whether a company is really making progress by doing good for both society and investors. Equities, Fixed Income, Responsible Investing/ESG Likes 0 SHARE Bookmarks
August 21, 2019 Are Distressed Small Banks Putting China’s Banking System at Risk? by Hua Cheng It’s been 20 years since a Chinese bank failed. But recent bailouts of three regional lenders have raised concerns about systemic problems in China’s financial sector. While risks have grown for China’s smaller banks, we believe that the Chinese banking system remains robust. Economics, Emerging Markets, Fixed Income Likes 0 SHARE Bookmarks