Other Investment Vehicles (By clicking below, you will be redirected to the U.S. website for a list of SMAs. Not all SMA offerings are available to Offshore clients.)
While high starting yields should provide a buffer against potential volatility, credit selection will be critical as dispersion within and across sectors increases.
With yields materially higher as a result of elevated rates, high-quality markets such as U.S. investment grade corporate bonds offer attractive income.
Our long-term return expectations for capital markets serve as key inputs into our strategic asset allocation process for multi-asset portfolios and provide context for shorter-term forecasting.
Experienced active managers can capitalize on opportunities that fall outside their benchmarks and can manage unwanted concentrations. This has historically resulted in relatively high success rates in generating alpha.