January 02, 2019 Wary of Emerging-Market Debt in 2019? You Shouldn’t Be. by Shamaila Khan, Christian DiClementi There’s no sugarcoating it: 2018 was hard on emerging markets. But as Nietzsche (and Kelly Clarkson) said, what doesn’t kill you can make you stronger. And as 2019 begins, we see many pockets of strength—and opportunity. Emerging Markets, Fixed Income Likes 0 SHARE Bookmarks
December 17, 2018 Is the US Housing Market Headed for a Correction? by Michael S. Canter, Janaki Rao, Monika Carlson The median price of a US single-family home has risen just over 40% since the last housing-market crash. While newspaper headlines may put readers on edge, our analysis indicates a gradual slowdown, not a bursting bubble—in most regions. Fixed Income, Rising Rates Likes 0 SHARE Bookmarks
December 17, 2018 Will Fallen Angels Disrupt US Credit Markets? by Matthew Minnetian, Susan Hutman, Gershon Distenfeld The media and some market observers are bracing for a blizzard of BBB-rated bonds to get downgraded to junk as the credit cycle turns. We expect it will be closer to a flurry. Fixed Income, Rising Rates Likes 0 SHARE Bookmarks
December 14, 2018 Faster, Smarter, More Efficient: Bond Investing Goes Digital Bond investing is going digital. Find out how fixed-income managers who are integrating technology into their processes will be able to move from great ideas to executed trades faster and with better results than those who stick with the analog status quo. Fixed Income Likes 0 SHARE Bookmarks
December 12, 2018 When It’s Rocky, Keep Your Bonds Balanced by Matthew Sheridan Including interest-rate sensitive bonds and credit in a single strategy usually reduces risk. This year was a little different. But don’t fret: there are plenty of reasons to stick with a balanced approach in 2019. Fixed Income, Rising Rates, Volatility Likes 0 SHARE Bookmarks
December 05, 2018 The US Yield Curve Inverted. Time to Worry? by Erin Bigley, Scott Krauthamer What drove down US stocks this week? The answer may be the US bond market and what the shape of the yield curve is—or isn’t—telling us about the state of the economy. Equities, Fixed Income, Rising Rates, Volatility Likes 0 SHARE Bookmarks
December 03, 2018 New Year’s Resolutions for High-Income Investors by Gershon Distenfeld, Will Smith First, the bad news: high-income investors should saddle up for another bumpy ride in 2019. Now the good: with challenges come opportunities—and we see plenty on the horizon for investors who take the long view. Fixed Income, Rising Rates Likes 0 SHARE Bookmarks
November 30, 2018 Bridging the Healthcare Gap with Muni Bonds by Eric Glass, Erin Bigley Boston Medical Center is redefining the role healthcare providers play in improving the health and welfare of the city’s residents. Now impact investors can have a hand in fostering better outcomes, too. Fixed Income, Municipals, Responsible Investing/ESG Likes 0 SHARE Bookmarks
November 28, 2018 Active US Investors Gain Hedge Edge with Global Bonds by Erin Bigley Rates are low globally. But yield isn’t the only component to consider when investing. Active US-based investors can take advantage of differences between the US dollar and other currencies to pick up a decided edge by investing in international bond markets. Asset Allocation, Currency, Fixed Income, Rising Rates Likes 0 SHARE Bookmarks
November 28, 2018 Digital Revolution Checklist: Questions to Ask Your Manager When it comes to creating alpha, fixed-income managers that stay ahead of rapidly evolving technology will have an advantage over those that remain stuck in the analog world. But how do you assess how well your manager is navigating the changing technological landscape? Active & Passive , Fixed Income Likes 0 SHARE Bookmarks
November 13, 2018 Bank Loan Run May End Soon When it comes to US high-yield bank loans, we don’t mince words: we think the risk rarely justifies the potential reward. Fixed Income, Rising Rates Likes 1 SHARE Bookmarks
November 12, 2018 Will Energy Bonds Hold Up in a Volatile Oil Market? by Will Smith, Gershon Distenfeld A dramatic fall in oil prices, followed by a sell-off in high-yield energy bonds—is it time to worry about oil and gas companies again? Quite the contrary. The North American issuers that make up most of the world’s high-yield energy market are in a better position today than they have been in years. Asset Allocation, Fixed Income, Volatility Likes 2 SHARE Bookmarks
November 07, 2018 What Does a Divided US Congress Mean for the Economy and Markets? by Erin Bigley, Scott Krauthamer Democrats took the House of Representatives. Republicans held the Senate. What should investors expect from the US midterm election outcome? In the way of policy, not much. But the new political landscape may be good for markets. Economics, Equities, Fixed Income, Policy & Regulation Likes 1 SHARE Bookmarks