Commentary

New: Today’s Credit Opportunities in 5 Charts

The protracted low-yield environment has left many investors with insufficient returns to meet their goals: how can credit help? Here we highlight where we see 5 credit opportunities.

Commentary

Building Resiliency Amid Uncertainty

After a decade of steady growth and rising asset prices, economies and financial markets were rocked by the COVID-19 pandemic. The global health crisis forced most governments to lock down their communities, halting economic activity almost overnight and causing financial markets to reprice lower at an unprecedented speed.

Commentary

Public-Private Solutions to Safeguard Economies Everywhere

The health crisis creates opportunities to unite historically disparate investor groups to help build economic and market sustainability and resiliency.

Commentary

Cyclicals 2.0: Green and Digital

The text book rules about where to invest following a recession may not apply in a post-pandemic world; more than bricks and mortar, stimulus efforts are green and digital now.

Commentary

Monthly Municipal Market Update, May 2020

A brief monthly update on what's happening in the municipal bond market.

Commentary

The Long Climb

While a near-term mechanical bounce in economic activity in response to the lifting or easing of lockdown measures looks likely, we expect the subsequent climb up to be long and arduous.

Commentary

Fed Shifting Focus From Crisis Management to Easy Financial Conditions

We expect the Federal Reserve will continue to conduct asset purchases at its current pace through year-end, and eventually commit to keeping interest rates on hold through 2022. This should help ensure easy financial conditions and support the economic recovery.

Commentary

Manager Diversification in LDI Portfolios: Consume in Moderation

Over diversifying an LDI manager roster may have important hidden costs.

Commentary

Seeking Long‑term Value in a Gradually Healing Economy

This strategy aims to help investors participate in the ongoing recovery of the global economy, offering potential for attractive yield while managing downside risks.

Commentary

Monthly Municipal Market Update, April 2020

A brief monthly update on what's happening in the municipal bond market....

Commentary

Post‑COVID Economy: Not the Way We Were

The COVID-19 crisis is likely to accelerate many underlying, secular disruptive forces already affecting economies and financial markets. This may only increase the difference between those companies, sectors, and countries that are being disrupted, and those that are acting more like disruptors. Distinguishing between the two is becoming crucial.

Commentary

Six Key Questions on U.S. Policy and the Economic Outlook

The U.S. political focus has shifted to the reopening of the economy.

Commentary

All Asset All Access: Positioning Portfolios for Opportunity in Stormy Markets

Research Affiliates discusses how the All Asset portfolios seek to capitalize on opportunities amid pandemic-related market volatility and a strengthening U.S. dollar.

Commentary

Municipal Yields Rising

Weak technicals are creating an opportunity in long-duration municipal bonds.

Commentary

Municipal Yields Rising

Weak technicals are creating an opportunity in long-duration municipal bonds.