The $2 trillion firm sees recession risks rising and tax-cuts boost as short-lived.
Less risky, balanced portfolios will underperform market indexes, even though they are in clients' best interests.
Consider all attributes of a bond and choose a trading platform that is aligned with your clients' best interests.
Citigroup, JPMorgan Chase predict average interest rates across advanced economies will climb to at least 1 percent in 2018.
Conservative bond portfolio will return only about 3% annually over the next decade, making it hard for pensions to meet their targets.
The asset classes may be more different than alike, which can benefit investors.
But fund managers see no reason to panic, unless inflation suddenly takes off.
Calpers may double its bond allocation to reduce risk and volatility as the bull market approaches nine years.
DoubleLine Capital co-founder takes to Twitter to express his validation as FAANGs fall.
The funds that have fared the worst since the low in interest rates have been those with the longest duration.
Expect stability and income, not a double-digit return on client portfolios.
Two hints: They're getting older and still feel the burn from bear-markets past.
Eradicating duration from bond sleeves can create challenges portfolios can't address.
Mulvaney says the president's comment on the island's debt shouldn't be taken literally.
Some funds have over 10% of their holdings in the island's municipal bonds, which were already suffering from poor economic conditions before the recent storms.
Hurricane damage to island may complicate settlement of claims on munis and closed-end funds.
Oriental Financial Services sold the island commonwealth's triple-tax-free bonds, then dismissed a client when it was sued over the risky securities.
Policymakers signal one more rate hike this year, saying storms should have only a temporary impact on the economy.
Because they offer diversification, multisector bond funds might be a good bet.
The president and Treasury secretary have expressed support for keeping tax breaks in place on municipal bonds.
