Where should core or core plus portfolios look to find value?
Do high yield bonds and leveraged loans still have room to run?
Our view over the past few quarters has been that EURUSD should be rangebound, as the cyclical outperformance of the US economy is offset by the eurozone���s relatively better balance of payments position.
EURUSD should be rangebound
New technology could boost productivity and, in turn, economic growth, but relatively full equity valuations and low bond yields pose cyclical challenges.
Is now the time for de-risking?
DC plans should consider adding multi-asset credit strategies to their default strategies
Adding credit exposure to defined contribution (DC) defaults via an unconstrained multi-asset credit fund has the potential to enhance risk-adjusted returns and improve outcomes for DC plan members.
In lower cost, liquid vehicles, alternative risk premia strategies can strengthen a risk-return profile.