Perspectives

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Update: July rate hike off the table

Our Blog Jul 28, 2016 Edward Al-Hussainy, Senior Interest Rate and Currency Analyst

Since raising interest rates last December, the Federal Reserve has taken a pass in every subsequent meeting. Why is the Fed being so cautious?

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Promises broken, PROMESA made

Our Blog Jul 25, 2016 James Dearborn, Head of Municipal Bond Investments and Senior Portfolio Manager

Island living is often likened to paradise, but on the distressed shores of Puerto Rico, the island is anything but carefree. Treading on the heels of the largest default in municipal bond history, investors are left asking, “Where’s the money?”

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Equities: The landscape has changed and so have our views

Our Blog Jul 18, 2016 Anwiti Bahuguna, Ph.D., Senior Portfolio Manager

The U.K. referendum on EU membership has ushered in a period of uncertainty and political instability, primarily in the U.K. but also in the eurozone. As a result, we have downgraded our outlook for international developed equities.

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Diversification strikes back in 2016

Our Blog Jul 18, 2016 Jeffrey L. Knight, Global Head of Investment Solutions and Co-Head of Global Asset Allocation

After taking a hit in 2015, diversification proved its worth again in the first half of 2016. But a closer look at the catalysts for the recent success reminds us that the benefits of diversification have limits — and analysis of today’s market conditions suggests that investors should resist the urge to become complacent in their diversification strategy.

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Global asset allocation update

Our Blog Jul 08, 2016 Global Asset Allocation Team,

Many elements of our process reacted to Brexit volatility, and the net result suggests a slightly defensive stance.

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