Staying Steady When Markets Shift

This month we discuss how global fixed income may be looking at a new regime.

The post-global financial crisis tailwinds of ample liquidity, globalization and abnormally low interest rates are becoming headwinds at a time when tariffs may drain liquidity.

In a world of intense uncertainty and pervasive short-termism, Carol Geremia explores the misalignment in our industry today and discusses the importance of embracing a new mindset shift focused on delivering value for investors over the long term.

Investors of all stripes seek massive profit growth, leading to index concentration. Big profits lead to increased competition, eventually eroding returns. Distinguishing at-risk profit pools from durable ones is key for active investors.

Portfolio resilience involves building a portfolio that may help navigate risk events and compound returns in alignment with investors’ long-term objectives. Read seven principles.