Fixed Income Strategist
Mr. Burbano is an executive vice president and fixed income strategist in the New York office. He oversees the flexible strategies product team globally, with responsibility across income and dynamic bond strategies. He is also a founding member of PIMCO Juntos and serves on the steering committee. Mr. Burbano joined PIMCO in 2009 as part of the firm's client solutions group, helping institutional and high net worth clients build optimal fixed income and multi-asset portfolios. Prior to joining PIMCO, Mr. Burbano was at Goldman Sachs and Bank of America, focusing on global credit strategies. He has 20 years of investment experience and holds an MBA from the Wharton School at the University of Pennsylvania, where he also received undergraduate degrees in economics and engineering.
The market contraction presents better opportunities than we’ve seen in years to generate income, which we balance against the need for resilience in the face of a potential recession.
Rising yields, wider spreads, and heightened market volatility are providing an attractive environment, but caution in credit selection is warranted.
As uncertainty pervades the markets, we are positioning defensively, increasing liquidity and remaining nimble in an effort to generate income amid bouts of heightened volatility.
Global economic activity is accelerating, yet risks remain and valuations appear stretched. A broad and flexible portfolio is crucial.