Given our base case of modest global growth aided by a fiscal boost in the U.S., we believe positive returns can still be earned via targeted risk-taking.
PIMCO research suggests it may be more efficient to make hedging decisions at the portfolio level on a currency-by-currency basis.
It’s no secret that human beings are living longer and should better prepare for retirement than their parents or grandparents did. But the scope of this change may surprise some.
PIMCO believes this is a particularly opportune time to move into higher-quality credit, as well as select high yield and bank loan sectors.
With market participants still underestimating inflation, now is the time to buy TIPS.
Is the great start for value stocks in 2016 a simple bounce or something more?
While market conditions feel distinctly different from a few months ago, many of the key themes we articulated in our February Asset Allocation Outlook remain relevant today.
CIO Global Credit Mark Kiesel discusses how macro and market trends – including the European Central Bank’s new program to purchase corporate bonds – are aligning to create attractive opportunities in key areas across the global credit sector.
Geraldine Sundstrom, managing director and portfolio manager for asset allocation strategies, discusses the outlook for global currencies in 2016 and what this means for portfolios.
Mihir Worah, CIO Asset Allocation and Real Return, discusses the outlook for global rates and duration positioning in asset allocation portfolios.