Inflation, Duration and Frustration: Investing in a Risk-Filled Fixed-Income Climate
Past havens such as emerging markets offer little protection, so investors are considering high-yield bonds and high-quality equities.
Verus Advisory is the latest to join the group of signatories, which so far represent $17 trillion in assets.
Outpaced last year, high yield is in solid shape at a time when stocks may come back to earth, the firm argues.
Northern Trust screens for the top of the class, and also to red-flag the less appealing bargain plays.
Nope, says Northern Trust’s asset management unit. But they both have big drawbacks.
Many institutional investors trip on undetected hazards, Northern Trust study says.
Asset managers are turning to outside helpers as a kind of extra ammunition.