There's nothing passive about performance like this.
Higher starting yields, steeper yield curves, and elevated volatility create exciting opportunities for core bonds.
Reevaluating passive bond allocations – which have historically underperformed active strategies – may open the door to improved investment outcomes.
Total Return is more than just yield – it’s about adaptability. Mohit Mittal, CIO Core Strategies, explains how the strategy actively navigates interest rates, credit markets, mortgages, and currencies to seek maximum total returns in a risk-managed framework, making it a compelling choice for investors.
Increasing the frequency of marks does little to improve transparency or accuracy in private credit when prices are not anchored to observable, market-based transactions.
Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.
Private credit is much more than a direct lending story. It’s an asset-based finance one, too. And this other lane of private credit continues to be a solid source of diversification and returns. Benjamin Ensminger-Law and Jason Steiner join Greg Hall to walk through this evolving opportunity in private credit, starting with why cash flow velocity and structural diversity set asset-based financing apart from direct lending. From there, they lay out the four pillars of generating alpha in an asset class still in its early innings.
Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.
Energy shocks, private credit stress, and AI disruption are changing expectations for rates and risk. Marc Seidner, CIO non-traditional strategies, explains how we’re approaching portfolio construction now.
Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.
Strategies to strengthen and diversify portfolios need to adapt to a world where geopolitical risk is a feature rather than a bug.
PIMCO’s Head of Municipal Bonds Dave Hammer wants taxable investors to pay attention to muni market opportunities in today’s market. With rates at attractive levels, continuing strong credit quality, and seasonal factors affecting bond prices, he is excited about what’s ahead for investors. He discusses the broadening menu of municipal investing, which includes more and more privately-arranged debt in bespoke situations, as well as how thorough credit research and patient sector allocation drive results over the long term. In a world characterized by macro and geopolitical volatility, the muni markets offer a more local solution for investors looking to compound on a tax-efficient basis.
Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.
Diversifying Portfolios is Easy with Pro
