Video: Emerging Market Debt
Invesco's Eric Lindenbaum at the 2011 Global Investment Conference.
- August 16, 2011 September 13, 2019
- 08:54
Invesco's Eric Lindenbaum at the 2011 Global Investment Conference.
In the wake of the U.S. downgrade by S&P, the high yield market experienced a sharp turnaround: high yield debt essentially stopped trading on both August 5th and August 8th as investors ran away from risk assets. But there was one bright spot: high yield ETFs experienced record liquidity while the rest of the market stopped trading for two days.
Since pension plan members tend to pay much lower fees than mutual fund investors due to economies of scale, a PRPP should offer the same cost advantage to make them a truly viable option to DB and DC plans. Can ETFs help?
Cash equitization is the big use for ETFs in the pension space right now. With returns like this and interest rates on the rise in most major markets, plan sponsors just can’t afford any drag on performance - especially cash drag.
PIMCO's Page on why diversification via assets is out.
$3,000 award for best original research paper of 2011
As the world seeks to reduce consumption of oil and gas, there’s one commodity we can’t cut back on—food. Everyone has to eat and our constant craving means agriculture-related commodities have a lot of potential to grow in the coming years. Food is fast becoming a powerful global commodity, especially as prices continue to climb […]
The other day at the park, my three-year-old son (a very active little chap) helped a couple of older kids build a sandcastle. They all worked pretty hard and the result looked great—the castle had a moat, a drawbridge and even a little flag on top (a leaf stuck on a juice box straw). And […]
Who does better or worse in times of turmoil?
Rethinking asset allocation: John Power.