Expect the Unexpected
Explore the Best Ideas from Our Global Investment Team
Surprise, rather than stability, may be the defining feature of 2026 as policy volatility reshapes markets and investment opportunities.
Kevin Warsh, a respected and experienced policymaker and investor, has been nominated as the next U.S. Federal Reserve chair.
Marc Seidner, CIO non-traditional strategies, explains why it isn’t “too late” for bonds.
Moderating growth and increasingly divergent policy responses define Asia Pacific in 2026, underscoring the need for disciplined, relative value investing across markets.
Policy support is helping narrow mortgage spreads, and valuations remain historically attractive. Portfolio manager Dan Hyman discusses the opportunity across agency mortgage backed securities (MBS), which offer high quality, liquid exposure with defensive traits and compelling income potential.
Following strong 2025 returns, high quality fixed income continues to offer attractive yields and global diversification at a time of stretched equity valuations and tight credit spreads.
Reevaluating passive bond allocations – which have historically underperformed active strategies – may open the door to improved investment outcomes.
With the policy rate in neutral territory, the Fed embraces data dependence – and faces a delicate balancing act in 2026.
Marc Seidner, CIO of Non-traditional Strategies, explores opportunities across equities, bonds, credit, and commodities that have the potential to offer investors resilience and diversification.
Josh Anderson, Portfolio Manager, shares how PIMCO’s flexible, multi-sector Income Strategy helps investors pursue resilient returns in today’s shifting market landscape.
Group CIO Dan Ivascyn shares how active management and global diversification continue driving strong bond returns amid credit risks and stretched equity valuations.
Investors have poured into gold – but they may also see compelling benefits from a broad-based commodity allocation.