Many factors can explain return attribution differences in credit portfolio returns – curve, interest rate positioning, sector allocation, and security selection. Solid bottom-up fundamental…
Defensive equity strategies represent a useful addition to an equity allocation, but evaluating them in a typical relative risk-return framework can be awkward. An active strategy using a minimum…
Stocks rose for a sixth straight month in July, as ongoing optimism that the global economy and corporate profits are rebounding outweighed concerns about a reacceleration of the Covid-19 pandemic.…
