Where to Find Income in a Low-Yield Environment
About the Episode
Global rates have fallen over the course of 2019. Indeed, trillions of dollars in sovereign debt now carry negative yields. This has forced income-oriented investors to look to non-traditional sources to find sustainable, low-risk yields. Ben Kirby discusses the Thornburg Investment Income Builder fund, which has had an exceptional track record over the last 15 years.
Ben Kirby is head of investments, a portfolio manager and managing director at Santa Fe, NM- based Thornburg Investment Management. He joined Thornburg in 2008 as an equity research analyst, was promoted to associate portfolio manager in 2011, and was named portfolio manager in 2013. In October 2019, he was promoted to head of investments