Elevated volatility is here to stay, and that means many risk assets may become oversold, providing opportunities for investors to profit from mispriced risks.
June’s decline in funded ratios reinforced the need for pension plan sponsors to de-risk portfolios through higher fixed income allocations.
In Q2 2022, US CLO tranches were not immune from the macro volatility and broader market sell-off.
We believe that the new levels of home prices reached during the housing rally not only will be sustained, but will be a positive force pulling us through inevitable bouts of uncertainty in markets and the economy.
Matthew Toms, CFA, Chief Investment Officer of Fixed Income, shares our outlook for the markets for the first half of 2022.
The market’s curve flattening expectations may be excessive, as the timing of the hikes and aggressiveness of the U.S. Federal Reserve are still open to debate.
Sean Banai, CFA, Head of Portfolio Management, shares our outlook on Global Growth for the first half of 2022.
Chris Wilson, CFA, Senior Client Portfolio Manager, shares our outlook for Central Banks for the first half of 2022.
The prevailing themes in 2021 were economies reopening, corporate balance sheet repair and strong capital market activity. These trends contributed to a general reversal of the myriad headwinds that marked a tumultuous 2020.
Global inflation, accentuated by energy and commodity prices, will peak in early 2022, but the rate of decline will vary across economies. Matthew Toms, CFA, Chief Investment Officer of Fixed Income, shares our outlook on inflation for the first half of 2022.
Randy Parrish, CFA, Head of Public Credit, talks about our 2022 outlook for capital expenditures.
Brian Timberlake, PhD, CFA, Head of Fixed Income Research, shares our outlook for U.S. Labor Participation for the first half of 2022.
Diversification can relieve long duration corporate bonds from being the only way LDI plan sponsors meet spread or duration targets. Complementing with derivatives, IGPPs, CMLs and CMOs can help create a more efficient and effective portfolio.