The move to a new reflationary environment is morphing asset class risk/return characteristics and evolving how best to optimize portfolio allocations.
Learn more about changes to consider as growth assets and active strategies appear set to once again take the lead.
Read the complete white paper at the link beneath Related Files
While trade frictions attracted the most attention, the primary and outsize drag on global growth in 2018 was the self-imposed slowdown China began in mid-2017. Intended as a gentle cooling, the deleveraging and derisking program overshot; China’s private sector — 60% of its economy — iced up.
Credit spreads came under pressure in November from issues plaguing markets throughout the year — geopolitical worries about Italy and Brexit, expectations of slower growth and inflation, US-China trade tensions, and a hawkish Fed.
Fixed Income Asset Allocation Insights is a monthly publication that brings together the cross-sector fixed income views of PineBridge Investments.
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