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In the latest episode of The Wealth Enterprise Briefing, we discuss the nuanced interplay between short-term sentiment and long-term fundamentals in shaping market activity. Join host Michael Zeuner, managing partner and Sam Sudame, senior investment manager, to dissect the recent market turbulence in April and offer strategic insights for investors.
Throughout the episode, they discuss:
April's Market Recap: The performance of the bond and equity markets during April, examining the immediate reactions to economic indicators versus the ongoing economic shifts.Economic Landscape Recap: Recent economic shifts, noting signs of a new cycle amid April's softening data, driven partly by rate increases impacting trade and employment.Sentiment vs. Fundamentals: They explore the dichotomy: while sentiment sways daily, fundamentals dictate long-term trends. April's volatility, fueled by geopolitical risks and inflation fears, showcased sentiment's short-term impact.Investment Strategies: Investors can capitalize on market dips, aligning purchases with long-term goals. By staying disciplined even when surrounded by market noise, investors can seize growth opportunities while avoiding FOMO-driven pitfalls.Understanding sentiment's role in market fluctuations empowers investors to stay focused on long-term objectives. By leveraging short-term volatility and maintaining fundamental strategies, investors can navigate market complexities with confidence.
If you have any questions, please do not hesitate to contact us.
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While the U.S. has averted any kind of serious recession and slow down, there are a few lingering areas of concern. On a previous episode of The Wealth Enterprise Briefing, we discussed concerns in the commercial real estate space, and in our latest episode, WE Family Offices Managing Partner Michael Zeuner and Senior Investment Manager Matt Farrell, CAIA, examine the challenges and potential opportunities in the venture capital space and discuss how investors may navigate fluctuating market dynamics.
Specifically, they discuss:
The Impact of Interest Rates: Higher interest rates have led to markdowns in venture valuations, impacting investor portfolios. It's crucial to recognize the influence of interest rates on the valuation of growth companies, which are often priced based on revenue multiples.Managing Expectations for Different Vintage Years: Investors should adjust their expectations for vintage years, particularly those with peak valuations, such as 2020. However, disciplined managers who deploy capital strategically may still achieve positive returns.Identifying Opportunities: Despite challenges, the current market environment presents attractive opportunities for capital deployment. With valuations lower than pre-COVID levels and the peak in February 2021, investors can explore promising investment prospects.Promising Themes in Venture Capital: Themes such as AI and biotech continue to drive innovation in the venture capital space. Despite economic downturns, innovation persists, offering avenues for growth and investment."The key for private investors is to stay committed, to be very selective and to understand that there has been a lot of negative and downward pressure in the space, but a lot of that is driven not necessarily by fundamentally unhealthy companies, but more by the dynamics of the effect of interest rates and public market, public markets on their valuations," Michael Zeuner said.
If you have any questions, please do not hesitate to contact us.
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Saknas det avsnitt?
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Recent years have seen rolling recessions influenced by Fed monetary policy, but signs now point to a more defined cycle, with positive markers like growing leading economic indicators and renewed consumer confidence – a departure from traditional boom-and-bust patterns.
In our latest episode of The Wealth Enterprise Briefing, Michael Zeuner, managing partner at WE Family Offices, is joined by senior investment manager Sam Sudame for an insightful conversation about the evolving global economy and markets.
Market Dynamics in Focus: Despite anticipated corporate earnings recovery, factors like higher interest rates and historically high valuations present nuances in this new cycle. Equities remain a focus, with strong earnings growth expected, albeit tempered by valuation challenges.Fixed Income Opportunities: Against the backdrop of higher rates and subdued equity returns, fixed income emerges as an intriguing option. With the Fed signaling prolonged elevated rates, short to intermediate-duration fixed-income assets become compelling.New Outlook on Commodities: Within shifting dynamics, commodities emerge as a concurrent asset class. Surging demand for industrial metals like copper and aluminum suggests potential opportunities in the commodities space as the new cycle gains momentum.
Throughout the episode they discuss:Adaptability and flexibility are key strategies for maneuvering through this evolving landscape. While some sectors may mirror past patterns, others demand a fresh perspective and a vigilant eye for emerging opportunities.
If you have any questions about how to better manage this new economic cycle, please do not hesitate to contact us.
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During this episode of The Wealth Enterprise Briefing podcast, we continue the conversation about investing in India and take a closer look at the potential risks and rewards.
Managing Partner Michael Zeuner and Senior Investment Manager Sam Sudame of WE Family Offices discuss India's economic landscape, address concerns about high valuations and identify potential investment opportunities.
In their discussion, they explore important key points, including:
India's structural growth and diverse investment opportunities beyond the technology sector, such as industrials and consumer goods, fueled by positive demographics and increasing income levels.Foreign direct investment, driven by factors like low taxes, a young labor force and a strong entrepreneurial culture.Active fund management, which may allow for the identification of lesser-known opportunities with more attractive valuations, potentially yielding higher returns.Private equity vs. venture capital opportunities in India’s marketThe episode provides helpful perspectives into navigating India's investment landscape, highlighting both the challenges and opportunities for investors seeking exposure to one of the world's fastest-growing economies.
If you missed part 1 of the series, we invite you to listen here.
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In our latest episode of The Wealth Enterprise Briefing, we are exploring an important question that has been top of mind for many investors – How attractive are the investment opportunities in India, and how do they compare to those in China?
Join WE Family Offices Managing Partner Michael Zeuner and Senior Investment Manager Sam Sudame as they explore India's growth trajectory and the profound differences last decade of economic development compared with China.
Key topics addressed during this episode include:
The factors that have led to increased market volatility in China and questionable sustainability.India's growth story throughout the last decade and the structural reforms that have positioned it as a promising investment destination.China's economic overhaul, demographic challenges and opaque policies contrasted with India's digital and demographic growth drivers. Prime Minister Modi's pivotal role in enacting reforms and stimulating economic growth and thoughts on political risk.Listeners will gain insights into India's growth trajectory, comparative advantages and the potential impact of political dynamics on investment opportunities. As always, if you have any questions, please do not hesitate to contact us.
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While the U.S. economy seems to be headed for a soft landing, potentially avoiding a significant recession, economic trouble may still be brewing. In our latest episode of The Wealth Enterprise Briefing, WE Family Offices Managing Partner Michael Zeuner and Senior Investment Manager Matt Farrell, CAIA, explore commercial real estate, which has been significantly affected by the prolonged rise in interest rates. Tune in as they discuss the challenges and opportunities that investors should be on the lookout for in the commercial real estate space.
Key topics include:
Shifting Dynamics in Real Estate Sub-sectors: The ramifications of remote and hybrid work on traditional office spaces and impact on multifamily units.Refinancing Challenges and Value Resets: The confluence of reduced income and valuation uncertainty poses significant challenges, potentially leading to underwater scenarios for some property owners.Debt Investment Strategies: Debt investment in real estate as a safer alternative to equity, considering the current environment of price discovery and valuation uncertainty.The commercial real estate sector stands at a crossroads, poised between challenge and opportunity. Through insightful analysis and strategic positioning, investors can weather the storm and emerge stronger on the other side. Join us for a discussion on the nuances of real estate investment in a dynamic economic landscape, and stay tuned for our upcoming episode, where we explore venture capital within this economic climate. If you have any questions, please do not hesitate to contact us
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During this episode of The Wealth Enterprise Briefing, WE Family Office’s Managing Partner Michael Zeuner and Partner and Wealth Planning Executive Joseph Kellogg, LL.M. (Tax), CFP®, TEP, address the pressing topic of wealth taxes. Together, they offer a thorough overview of the dynamics related to wealth taxation, covering both federal and state levels while examining proposed measures and potential implications for ultra-high-net-worth families and individuals.
During the conversation they discuss:
Overview of Wealth Tax Concepts: The various forms of wealth taxes, including those based on the net value of assets, income thresholds and taxes on unrealized gains.Adoption of Wealth Taxes: States that have taken steps towards implementing wealth taxes, such as Massachusetts and Washington, have introduced surtaxes on high-income earners and capital gains, respectively.Federal Proposals and Legislative Landscape: Insights into federal proposals, emphasizing the challenges these proposals face in gaining traction within the legislative arena.State-Level Considerations: They discuss states contemplating wealth tax proposals beyond traditional income taxes, exploring taxation on assets and unrealized gains and highlighting the complexities and potential consequences of each.Challenges and Considerations: The multifaceted challenges inherent in implementing wealth taxes and highlighting the importance of monitoring legislative developments.We continue to keep a close eye on the discussions and developments surrounding wealth taxes. While we do not recommend that families make any changes to their planning or structuring at this time, we believe it is important for families to understand the concept of wealth taxation and its potential implications.
If you have any questions about wealth taxation, please do not hesitate to contact us.
Disclosure: This podcast contains opinions and does not constitute the provision of investment, legal or tax advice to any person.
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Amidst the evolving geopolitical landscape, understanding its impact on investment strategies becomes essential for deciding on a successful investment approach. In the latest episode of The Wealth Enterprise Briefing podcast, WE Family Offices Managing Partner Michael Zeuner and Senior Investment Manager Sam Sudame, CFA, CAIA, CFP, discuss the intricate dynamics of geopolitical events and their implications for equity and capital markets.
Key topics explored include:
Assessment of Geopolitical Risk: Insightful analysis of recent geopolitical events and their correlation with market sentiment and asset prices.Historical Perspectives: Recent and historical geopolitical events, the patterns in market behavior and historical data that can be seen and analyzed throughout the years.Intrinsic Value vs. Sentiment: The distinction between short-term sentiment-driven market responses and long-term impacts on intrinsic asset value. Interestingly, while geopolitical events have short-term economic impacts likely driven by investor sentiment, in the medium to long term, there is little to no effect on capital markets as investor sentiment settles.Navigating Portfolio Uncertainty: Strategies for investors to assess and mitigate risk in their portfolios amidst escalating geopolitical tensions and economic uncertainty.Tension in the Red Sea: Given the current tensions in the Red Sea, what potential effect can there be on intrinsic value if shipping costs rise and inflation rises?For further insights into navigating geopolitical risks and optimizing investment strategies, tune in to The Wealth Enterprise Briefing podcast. If you have any questions about how to position your portfolio, given geopolitical risks, please don’t hesitate to contact us.
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During this episode of The Wealth Enterprise Briefing podcast, WE Family Offices Managing Partner Michael Zeuner and Senior Investment Manager Sam Sudame, CFA®, CAIA®, CFP®, provide a comprehensive overview of critical macro themes facing investors as we enter 2024 after exiting a turbulent 2023.
Key topics addressed during this episode include:
Q4 Market Performance: The hosts analyze the unprecedented performance of the capital markets, mostly driven by monetary policy and changes in investor sentiment.2024 Growth Expectations: They discuss their expectations for economic growth, focusing on predicting a slowdown with the possibility of a mild recession.Interest Rates and Their Effect on the Markets: The hosts provide insights on inflation trends and the potential changes that could occur in the economy depending on what the Federal Reserve decides to do regarding interest rates. How does this affect the equity markets in the long and short term?Consumer Spending as a Driver of the US Economy: With low unemployment rates, low jobless claims and positive investor sentiments, consumer spending has continued to grow, with December retail sales coming in better than expected.Throughout the conversation, Zeuner and Sudame emphasize the importance of being a prudent investor, given the potential changes in interest rates and their ripple effect on the markets. They discuss the gravity of staying invested in the long term, although, in the short term, it may be smart to stay safe and invested in treasuries and short-duration high-quality bonds.
If you have any questions about our financial market outlook in 2024 and how you can prepare your portfolio, please do not hesitate to contact us.
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During this episode of The Wealth Enterprise Briefing podcast, WE Family Offices’ Managing Partner Michael Zeuner and Senior Investment Manager Matt Farrell, CAIA, kick off the year by examining the private markets. They specifically explore potential opportunities and challenges in private credit, secondaries, real estate and commodities, providing valuable insights for navigating the ever-evolving economic terrain.
Historical Performance of Capital Markets in Q4 2023: The hosts discuss the impressive performance of capital markets, particularly public markets, in the fourth quarter of 2023.Expectations Around Interest Rates and Central Bank Actions: They examine the shifting expectations regarding interest rates and how central banks worldwide may respond.Impact on Private Markets as We Enter 2024: Insights into the challenges and opportunities emerging as we enter 2024 with revised expectations on interest rates.Opportunities in Private Credit and Secondaries: Zeuner and Farrell discuss the dynamics favoring private credit and secondaries in the current economic environment.Real Estate and Commodity Dynamics in Higher Rate Environment: Analysis of the challenges real estate and commodity investments face amid rising interest rates and lack of transaction activity.
Key Topics Addressed in this Episode:If you have any questions regarding how to navigate the private markets amid evolving interest rate scenarios, please do not hesitate to contact us.
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The recent record-breaking rally in the equity market has led many investors to believe that the Federal Reserve has successfully orchestrated a soft landing, signaling a green light for entry into a prosperous new economic cycle. However, amid this optimism, nuanced data points paint a different picture, casting a cautionary yellow glow on the seemingly smooth path ahead.
In this installment of The Wealth Enterprise Briefing podcast, WE Family Offices Managing Partner Michael Zeuner and Senior Investment Manager Sam Sudame, CFA, CAIA, CFP, continue their discussion from a previous episode to put together the puzzle pieces laid before investors and provide insight into when we may finally enter a new economic cycle.
Key topics explored in this episode include:
WE’s Comprehensive Framework for Identifying New Economic Cycles: When investigating the intricate transition phases in the economy, WE employs an equity strategy framework that encompasses fundamentals, valuation, sentiment and liquidity.Economic Outlook for 2024: Based on the framework, the economy will likely face volatility in the new year, driven by delayed headwinds from the Federal Reserve's assertive monetary policy.Equity Market Expectations vs. Economic Reality: As the equity markets surge with optimism that we are in a new economic cycle, a substantial gap emerges between market performance and future earnings, paving the way for considerable volatility ahead.Soft vs. Hard Landings Examination: A crucial element in determining the likelihood of a hard or soft landing involves scrutinizing cyclical areas in the economy that drive the cycle. Currently, indications persist that a hard landing remains a viable scenario in the future.Collectively, when the pieces of WE’s equity strategy framework are assembled, the completed puzzle flashes yellow lights, suggesting that we are entering the beginning of the end of the current economic cycle. With heightened volatility looming on the horizon, it might be time for investors to navigate cautiously and refrain from impulsive portfolio moves. If you have any questions regarding our current economic landscape and its potential impacts on your portfolio, please don't hesitate to contact us.
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Following an extended period of rapid rate increases, investors are now observing indications that the Federal Reserve might pivot its monetary policy and initiate interest rate cuts sooner than originally anticipated. In this installment of The Wealth Enterprise Briefing podcast, WE Family Offices Managing Partner Michael Zeuner and Director of Macro Strategy Sam Sudame, CFA, CAIA, CFP, examine the credibility of these signals and explore the potential implications of a reversal in rate hikes on the equity market.
Key topics addressed in this episode include:
The Federal Reserve’s Strong Influence on the Equity Markets: Following a significant decline in October, equity markets rebounded with a robust November rally, responding directly to the Federal Reserve's newly adopted dovish tone.Bond Markets' Strong Signals of Rate Decline: Bond yields, typically reflective of inflation and economic growth, are currently indicating that inflation has peaked and economic growth has slowed. This suggests that the Federal Reserve's policy could now shift towards a more relaxed stance.Assessing the Likelihood of a Soft or Hard Landing: The prospect of the Federal Reserve reversing rate hikes implies a potential economic slowdown, posing challenges for equity markets in the future. However, we believe investors should scrutinize fundamentals, valuations, sentiment and liquidity to gain a clearer understanding of the direction of equity markets.Overall, the landscape of financial markets is dynamic, and staying informed is crucial for making well-informed investment decisions. If you have any questions regarding how a change in monetary policy may impact your portfolio, please do not hesitate to contact us.
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Amidst the backdrop of a prolonged period of elevated interest rates, it comes as no surprise that the U.S. bond market and the global macro economy are experiencing substantial impacts. However, another asset class is also facing the effects of the current environment: private equity. During this installment of The Wealth Enterprise Briefing podcast, WE Family Offices Managing Partner Michael Zeuner and Senior Investment Manager Matt Farrell, CAIA, shed light on the intricate ways in which rising interest rates are leaving their mark across various dimensions of the private markets.
Key topics addressed in this episode include:
Impact of Higher Rates on Private Markets: A comprehensive perspective on the influence of higher interest rates on private markets, specifically focusing on how distributions and returns are affectedHow to Circumvent New Headwinds: The importance of resetting investor expectations and optimizing portfolios to navigate through the challenges posed by these new headwindsThe Evolving Role of NAV Lending: How net asset value (NAV) lending can help investors maneuver the growing complexities of the private marketsGrowing Opportunities in the Space: Emerging opportunities within the private markets, particularly in private credit, as a response to the impact of higher base ratesIf you have any questions about investing in private equity amid higher rates, please do not hesitate to contact us. Also, stay tuned for an upcoming episode of The Wealth Enterprise Briefing where we will explore the repercussions of the Federal Reserve's current policy on hedge funds.
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During this installment of The Wealth Enterprise Briefing podcast, WE Family Offices Managing Partner Michael Zeuner and Director of Macro Strategy Sam Sudame, CFA, CAIA, CFP, take a deep dive into the intriguing dynamics at play within the bond market. Departing from historical norms, the Federal Reserve policy, traditionally the main driver of the bond market, finds its influence usurped in favor of recent market forces. This episode explores this rare decoupling and examines the factors that may create implications for fixed income investors moving forward.
Key topics addressed in this episode include:
Shifts in Bond Dynamics: How liquidity and term premium have taken precedence over the Fed's policy rate, traditionally deemed the primary influence on bond yieldsInfluence of Emerging Trends: Why newfound trends wield more influence than market fundamentals, causing volatility within the Treasury marketU.S. Government Deficit's Impact: The role played by the growing U.S. government deficit in the surge in interest rates and its repercussions on the broader economyWealth Protection Strategies: Practical ways fixed income investors may be able to safeguard their wealth amidst the current market volatilityTo gain a deeper understanding of the fixed income landscape during a period of high interest rates and increasing government debt, we recommend reading our recent commentary, Fixed Income – U.S. Debt Dynamics. As always, if you have any questions regarding the bond market and its potential impacts on your portfolio, please do not hesitate to contact us.
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Following a comprehensive overview of the markets, WE Family Offices Managing Partner Michael Zeuner, returns with Director of Macro Strategy Sam Sudame, CFA, CAIA, CFP, for this episode of The Wealth Enterprise Briefing podcast to explore how the economy has fared throughout 2023 and what may lie ahead for 2024.
This episode covers a wide range of crucial topics, including:
Economic Data Precision: The discussion focuses on economic data points that unfolded, as expected, with particular attention to inflation and commodities.Current State of Fixed Income: They explore how various sectors within fixed income have handled the current high interest rate environment and uncover where investors can uncover pockets of opportunity.Unexpected Economic Twists: Zeuner and Sudame divulge the economic surprises that have emerged in 2023, such as the avoidance of a U.S. recession and the growing vulnerabilities in China's economic prowess.Economic Outlook: The hosts provide insights into WE's current economic outlook and how it may impact investment portfolios as we head into 2024.Geopolitical Impact Assessment: They analyze the potential repercussions of the ongoing geopolitical turmoil in the Middle East and how it may influence global financial markets.Throughout their conversation, Zeuner and Sudame provide in-depth analysis and expert perspectives on these critical issues, equipping investors with the knowledge to make informed financial decisions in the ever-evolving economic landscape.
If you have any questions about 2023 economic performance and how you can prepare your portfolio for 2024, please do not hesitate to contact us.
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During this installment of The Wealth Enterprise Briefing podcast, WE Family Offices' Managing Partner Michael Zeuner and Senior Investment Manager Matt Farrell, CAIA, provide a comprehensive overview of market performance over the past three quarters and offer insights into what investors can expect, as we head into the final quarter of 2023.
Key topics addressed in this episode include:
Year-to-Date Market Performance: The hosts discuss how the capital markets have fared throughout the year, shedding light on trends and noteworthy developments.Federal Reserve's Rate Hike Policy: They explore the potential impact of the Federal Reserve's "higher-for-longer" rate hike policy on the markets in the upcoming year, providing valuable insights for investors.Portfolio Diversification: Zeuner and Farrell discuss the importance of diversifying portfolios to mitigate risks, especially during economic uncertainty. They offer strategies and approaches for effective diversification.Credit Investments in a High-Rate Environment: Given the prevailing high-rate environment, they provide guidance on the evolving role credit investments can play in portfolios.Opportunities in the Markets: The hosts identify potential pockets of opportunity within the markets, helping investors identify areas in which they can maximize returns.Throughout their conversation, Zeuner and Farrell underscore the significance of proper portfolio diversification. As the market continuously undergoes shifts, it is important to adapt by moving away from traditional allocations of 60% stocks and 40% bonds to seize potential opportunities and hedge against risk.
If you have any questions about 2023 market performance and how you can prepare your portfolio for 2024, please do not hesitate to contact us.
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There is an emerging movement within the stock market known as "fad investing," which you may want to avoid incorporating into your portfolio. Fad investing involves purchasing stocks solely based on the current trend or activity, without considering the genuine outlook of the company issuing the stock or the substantial factors driving the trend. Although investing in trends is not a novel concept, the meme stocks that surfaced during the pandemic triggered a surge in this style of investing that persists to this day.
For this installment of The Wealth Enterprise Briefing, WE Family Offices' Managing Partner Michael Zeuner and Senior Investment Manager Matt Farrell, CAIA, enter the realm of trendy investing to equip you with the information necessary to distinguish between fleeting market excitement and enduring trends that can bring about significant changes in the market's fundamentals.
Some of the specific topics addressed during this episode include:
What differentiates an investing fad from a trend that is sustainable enough to have concrete implications for investors.How cryptocurrency and blockchain demonstrate the differences between short-term froth and long-term shifts.How artificial intelligence seemingly evolved from a fad investment to a monumental player in the market.How venture capitalists can help determine whether a private company is involved in a temporary or in an arena with staying power.Throughout their conversation, Zeuner and Farrell emphasize that, when it comes to market crazes, some are not just short-term fads. Rather, some may emerge as longer-term market shifts. As a result, it is crucial to remain open-minded and aware of the innovation curve. If you have any questions about fad investing or how to take advantage of emerging market trends, please do not hesitate to contact us.
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China, the world’s second-largest economy, is facing a severe economic slowdown with growing concerns in the real estate sector. While the slowdown first looked to be an opportunity in a market with great promise, the mounting issues have some investors feeling wary.
In this episode of The Wealth Enterprise Briefing, WE Family Offices' Managing Partner Michael Zeuner and Director of Macro Strategy Sam Sudame, CFA, CAIA, CFP, aim to sift through all the financial media noise surrounding China to paint an accurate picture of what investors need to know about its ever-evolving economic conundrum and its potential implications on portfolios.
Some of the specific topics addressed during this episode include:
An overview of China’s housing struggles and the renewed fears about financial stress in the real estate sectorHow China’s government policies are impacting sectors and markets worldwide, creating both opportunities and challengesHow China is shifting its economic model, from an economy driven by exports and property to one of greater domestic consumptionHow western investors can take advantage of emerging opportunities, while mitigating material risks in ChinaThe potential impacts of the growing tension between the U.S. and China on portfoliosThroughout their conversation, Zeuner and Sudame emphasize that, while China’s problems may have already reached their peak, it is still an extremely volatile environment for investors. As a result, investors should invest cautiously and tactically, utilizing well-researched strategies. If you have any questions about how China may impact your unique portfolio, please do not hesitate to contact us.
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In a recent installment of The Wealth Enterprise Briefing, we discuss the fundamentals of hedge funds and the role this private asset class can play in portfolios. Continuing our special hedge fund series, WE Family Offices' managing partner, Michael Zeuner, and senior investment manager, Matt Farrell, CAIA, explore how rate hike policies of worldwide central banks, as well as the current macroeconomic landscape, have influenced the hedge fund realm.
Some of the specific topics addressed during this episode include:
The evolution of the interest rate environment over the last decade and its affect on hedge funds.How the post-pandemic world has generated fresh opportunities within the hedge fund arena.Hedge fund classifications that have significantly enhanced portfolio value in the last 18 months, potentially achieving this accomplishment for the first time.Overall, as central banks across the globe increased interest rates at an unprecedented pace and markets have grappled with persistent volatility over the past 18 months, hedge funds experienced a prolonged, profound shift. However, when changes occur, new opportunities emerge of which family offices should be aware. Fortunately, that is where WE Family Offices comes in. If you have any questions about emerging hedge fund prospects, please do not hesitate to contact us.
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In a recent installment of The Wealth Enterprise Briefing, we explored the new window of opportunity that has opened within fixed income. Now, for this special podcast episode, WE Family Offices' managing partner, Michael Zeuner, and director of macro strategy, Sam Sudame, CFA, CAIA, CFP, return to delve even deeper into the promising areas within the sector to offer actionable steps for family offices to take within the fixed income investment realm.
Some of the specific topics addressed during this episode include:
The areas in the fixed income market that are most attractive for further allocationsCurrent sources of credit risks within the sector of which investors should be cautiousThe reasoning behind the current fixed income marketAn overview of core fixed income and how it differs from treasury billsThe “four arrows” that investors should utilize together to meet their fixed income targetsThe concept of duration, what it represents and how investors should utilize it within portfoliosIf you have any questions about the current state of the fixed income market or how to take advantage of the opportunities within the sector, please do not hesitate to contact us.
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