CIO Non-traditional Strategies
Mr. Seidner is CIO Non-traditional Strategies and a managing director in the Newport Beach office. He is also a generalist portfolio manager and a member of the Investment Committee. He rejoined PIMCO in November 2014 after serving as head of fixed income at GMO LLC, and previously he was a PIMCO managing director, generalist portfolio manager and member of the Investment Committee until January 2014. Prior to joining PIMCO in 2009, he was a managing director and domestic fixed income portfolio manager at Harvard Management Company. Previously, he was director of active core strategies at Standish Mellon Asset Management and a senior portfolio manager at Fidelity Management and Research. He has 37 years of investment experience and holds an undergraduate degree in economics from Boston College.
Strength in employment and inflation has caused markets to raise the implied terminal rate while still expecting the Fed to normalize policy – which is different from easing – in 2024
How we’re thinking about investing against a backdrop of inflation uncertainty, geopolitical tension, and likely recession.
This year’s surge in yields is restoring value to the bond market, especially with the likelihood of a recession rising, although it remains uncertain when market momentum might turn.
Parsing the yield curve can lead to a variety of conclusions about whether a downturn is coming, while underscoring the importance of flexibility.
2022 Outlook: Inflation in Context
Get our view on why inflation remains persistently elevated, where we think it’s headed and why yield levels remain relatively low despite concerns about inflation risk.
Investing Amid Higher Volatility and Uncertainty
Learn why we’re likely to see more volatility and uncertainty in 2022, the three important developments impacting the outlook and how investors can navigate the fast-moving cycle ahead.
Positioning Portfolios in a Fast Moving Cycle
Explore our take on investing amid full valuations and higher volatility, why selectivity matters and how we’re positioning portfolios to maintain their long-term potential while taking advantage of short-term market moves.