May 22, 2020 Why Fallen Angels Can Be a Good Catch For investors who can hold them, owning some angels after they’ve fallen may make sense. Coronavirus, Fixed Income, Volatility Likes 0 SHARE Bookmarks
May 21, 2020 Credit Risk-Transfer Securities: Finding the Way Forward by Janaki Rao, Monika Carlson Despite its recent rebound, CRTs’ recovery continues to trail the sharper recovery of other markets. This suggests the sector has more upside potential. Coronavirus, Fixed Income, Volatility Likes 0 SHARE Bookmarks
May 18, 2020 The Market and Negative US Rates: Right Idea, Wrong Tool by Eric Winograd The Fed continues to dismiss the idea of negative US rates but the market keeps pricing them in. We don’t expect negative rates: in our view, the market is using them as a proxy for Fed measures that may be needed but aren’t yet identified. Coronavirus, Economics, Fixed Income, Low-Yield Environment, Volatility Likes 0 SHARE Bookmarks
May 07, 2020 Systematic Target-Date Rebalancing: Taking Emotion out of the Equation by Christopher Nikolich, Elena Wang The turmoil in the first quarter of 2020 reinforced the importance of rebalancing in target-date design. As we see it, a finely tuned, systematic approach can help keep emotions in check and risk under control—benefits that translate to many types of multi-asset solutions. Asset Allocation, Multi-Asset, Plan Design, Target-Date Solutions, Volatility Likes 0 SHARE Bookmarks
May 07, 2020 Do Healthcare Stocks Protect Portfolios in a Pandemic? by Vinay Thapar Healthcare stocks usually are defensive for a portfolio during market downturns. Given the extent of the pandemic’s impact, more questions are being asked about the sector’s resilience. Coronavirus, Equities, Volatility Likes 0 SHARE Bookmarks
May 01, 2020 How to Invest in Equities When Guidance Disappears by Frank Caruso, John Fogarty As an unprecedented number of US companies suspend earnings guidance, equity investors should rethink the overly precise game of predicting short-term estimates. Coronavirus, Equities, Volatility Likes 0 SHARE Bookmarks
April 30, 2020 Corporate Debt: Defaults, Downgrades and Fallen Angels by Susan Hutman, Robert Hopper Coronavirus-led economic uncertainty is forcing downgrades, defaults and fallen angels. Could this spell opportunity for credit investors? Coronavirus, Fixed Income, Volatility Likes 0 SHARE Bookmarks
April 27, 2020 Managing Risk Models in the Coronavirus Crisis by Klaus Ingemann, Thomas Christensen The spread of the COVID-19 virus has blindsided conventional risk models. By understanding what went wrong, investors can develop a more forward-looking approach to risk management that considers multiple scenarios for a highly uncertain market environment. Coronavirus, Equities, Volatility Likes 0 SHARE Bookmarks
April 23, 2020 What Plunging Oil Prices Mean for Energy Bonds by Gershon Distenfeld, Susan Hutman Oil prices briefly turned negative this week. What does it mean for energy bonds? And why does the long view for oil matter more? Fixed Income, Volatility Likes 0 SHARE Bookmarks
April 16, 2020 Coronavirus Crisis Adds Urgency to Sustainable Investing Agenda by Dan Roarty Companies with strong ESG credentials will play an essential role in addressing the dramatic changes being triggered by the COVID-19 pandemic. Coronavirus, Equities, Responsible Investing/ESG, Volatility Likes 0 SHARE Bookmarks
April 16, 2020 Fed Actions May Stabilize Global Corporate Markets by Erin Bigley, Eamonn Buckley, Tiffanie Wong Under the CARES Act, the Fed has expanded supports for corporate bonds. Could this bring a regime shift in volatility for global credit markets? Coronavirus, Fixed Income, Policy & Regulation, Volatility Likes 0 SHARE Bookmarks
April 06, 2020 Don’t Panic! Bear Market Communication Tips for DC Plan Sponsors by Jennifer DeLong The bear market is challenging defined contribution (DC) plan sponsors to reinforce timeless investing principles while also conveying new rules that bring relief to participants. Good communication practices are a key ingredient to achieving success in both these areas. Coronavirus, Multi-Asset, Plan Design, Target-Date Solutions, Volatility Likes 0 SHARE Bookmarks
April 06, 2020 Coronavirus Shock Reshapes Global Equity Landscape by Christopher Hogbin While the pandemic has destabilized markets, by asking the right questions now and drawing on lessons from past systemic crashes investors can prepare for the challenges ahead. Coronavirus, Equities, Low-Yield Environment, Volatility Likes 0 SHARE Bookmarks