Global Investment Themes to Watch in 2017
US interest rates and corporate earnings, bifurcated emerging markets – these are just some of the themes our portfolio managers will be keeping an eye on.
2017 Outlook: Navigating a world in transition (PDF)
Amid a shifting political landscape and muted growth, should investors reset their expectations? Our 2017 Outlook brings you perspectives on the latest developments facing investors today.
Fixed Income Focus: Municipal and Global Bonds (PDF)
In this issue of Fixed Income Focus, we discuss why revenue bonds are often a better muni value, and how foreign currency exposure can help protect purchasing power.
30 Years in Emerging Markets (VIDEO)
A pioneer in emerging markets (2:03)
The importance of a research-driven approach (2:12)
The evolution of emerging markets (1:51)
Emerging markets: an important part of a long-term investor’s portfolio (2:13)
Emerging markets outlook (1:44)
Improving fundamentals boost emerging market debt (PDF)
What are the most compelling investment opportunities right now in emerging market debt? Portfolio manager Laurentius Harrer shares his view.
The Political Challenge of Populism (VIDEO)
What gave rise to the populist movement in this country? Our policy and communications advisor, Matt Miller, reflects on its origins and implications in this video.
Trump and Trade: Separating Talk From Truth
When it comes to trade, President-elect Trump will need to reconcile campaign promises with pragmatism, says our policy and communications advisor Matt Miller.
Seeking returns in any market environment (PDF)
Should investors consider investment-grade corporate bonds in the current environment? Fixed-income investment director Luke Farrell shares his views.
Post-Post-Crisis Era to Continue (PDF)
Reports of the bond market’s death have been greatly exaggerated. Read to find out why fixed income should remain a core component of a balanced investment portfolio.
Not all fund managers can stand the test of time (PDF)
Fund managers merge or discontinue funds for a mixture of reasons. Those with a low record of restructuring their funds tend to be more aligned with investors’ long-term objectives.
Welcome to the post-post-crisis era (VIDEO)
Mike Gitlin, head of fixed income for Capital Group, explains why we’re in a “post-post-crisis era,” the term he uses to characterize today’s global economy.
Will Better Productivity Prop Up Lagging U.S. Profits?
Capital Group economist Jared Franz discusses the connection between U.S. productivity and profits, and shares his outlook for both.
Is the US becoming a stock picker’s market again? (PDF)
Portfolio manager Grant Cambridge shares his views on the current state of the US economy, where he sees opportunities in the US equity market, and the upcoming US presidential election.
Brexit could have a soft or hard landing as it faces fresh challenges in UK
The knee-jerk reaction from Brexit reflects the view that we are now more likely to see a “soft” Brexit. Capital Group economist Robert Lind shares a few thoughts on the recent developments.
Why invest in Sub-Saharan Africa? (PDF)
With many countries experiencing a protracted period of low economic growth and negative interest rates, Sub-Saharan African bond markets offer the potential for stronger growth and exhibit lower-than-typical correlations to other emerging markets.
The Long View: The changing face of the global consumer (PDF)
Whether it’s housing for millennials or healthcare for baby boomers, a significant shift in the way people spend money is underway in both advanced economies and the developing world.
Investing in the second machine age (PDF)
Robot surgeons. Self-driving cars. Automated factories. Amid staggering improvements in technology, machines are beginning to take on tasks that were once out of their league. Whether the world is ready or not, the second machine age has arrived.
Fixed Income Focus: Corporate bonds and global rates (PDF)
This issue of Fixed Income Focus shows you what makes US corporate bonds so attractive and how hedging costs are shifting global demand for US Treasuries.
The biggest mistakes investors make and how to avoid them (VIDEO)
Reacting to short-term market moves, following the crowd and allowing the media to influence investment decisions can distract an investor from focussing on the long-term. Avoiding these financial mistakes can be an important contributor to achieving attractive long-term returns and can help investors meet their investment objectives.
Decision 2016 – The US Presidential Election (VIDEO)
Capital Group investment professionals discuss the upcoming US election and what the outcome may mean for the US economy, public policy and investments.
Dividend and value investing seem similar... until you look at volatility
Some yield-seeking investors think value and dividend investing are the same. Learn about the differences and why they matter.
The US municipal market demands a research-driven active approach (PDF)
A decade ago, most new municipal issues were sold with bond insurance. For some investors, risk in the US municipal market was an afterthought. Not so any more.
Back to the future: Old-school semiconductor stocks heat up
When looking for the next great thing in the tech sector, semiconductors usually don't come to mind. This year may be different.
Inflation may soon inflate
The market has lowered its inflation expectations, but is the outlook justified? Fixed-income portfolio manager Ritchie Tuazon explains why inflation could move higher, and what that means for Treasury Inflation-Protected Securities.
Africa leapfrogs landlines, and takes a shortcut to the bank
Many emerging markets have struggled lately, and continue to face macro headwinds that make for a challenging investment environment. But despite the issues facing developing countries, technological innovation is providing a tailwind.
Following six quarters of declines, are corporate profits set to grow?
Could earnings start to improve from here? Indeed, there are a few positive signals, particularly as some of the headwinds to corporate earnings begin to ease. Here are four main factors pushing S&P 500 earnings lower, and all of them are showing signs of a potential shift.
Why drones – not helicopters – are more likely as the next stimulus
As governments take the brakes off spending, fixed-income portfolio manager Mark Brett favours the US Treasury Inflation-Protected Securities, the Japanese yen and local currency emerging market bonds.
Fixed Income Focus: High-yield munis and global politics (PDF)
This issue of Fixed Income Focus shows you how to find value in distressed bond sectors, and what political change means for investors.
Top investment stories from 2016 told in eight key charts
From Brexit and recession fears to negative rates and oil shocks, there has been no shortage of investment headlines so far this year. Here are eight charts that explain some of the most important stories from 2016.
Not just fun and games, Pokémon GO is an intellectual property phenomenon
While the market remains focused on the Pokémon GO phenomenon as a mobile gaming success story, there appears to be more to this story than meets the eye. Equity investment analyst Sugiharto Widjaja discusses how globally recognisable intellectual property can provide powerful tailwind for companies.
Pendulum for emerging market bond may be on the upswing (VIDEO)
Capital Group portfolio manager Rob Neithart discusses the rapid evolution of the emerging markets fixed income universe and suggests that today may be a good time for investors to consider participating in it.
Bond opportunities in Argentina, India offer sharp contrast
What are some of the characteristics that make Argentina unique from Brazil? Are bright spots emerging in India's enormous government bond market? Watch this video as portfolio manager Rob Neithart discusses the contrasting bond opportunities he is finding in Argentina and India.
Fixed income 3.0: How to approach bond portfolios in a post-post-crisis world (PDF)
Several of our fixed-income professionals, including the head of fixed income Mike Gitlin, discuss some of the considerations fixed-income investors should bear in mind in this environment. These include not fearing duration, avoiding bond strategies with “scope creep” and aiming for liquid assets.
China Update: What to watch in the second half of the year and beyond
As we head into the second half of the year, Capital Group’s Beijing-based China affairs specialist Andrew Dougherty and Hong Kong–based economist Stephen Green offer their latest views on China’s economy, currency and potential investment opportunities.
EM Outlook: Turning points emerge in developing world
Emerging markets have been volatile against a challenging macroeconomic backdrop. With elections pending in several countries, political uncertainty remains high. Yet, interestingly, many emerging markets’ economies are at the beginning stages of economic reforms and recovery.
Seeking returns in any market environment (PDF)
In this Q&A, portfolio manager David Lee discusses his approach to investing in corporate bonds, and how he works with analysts to seek to generate excess return in a variety of economic and market environments.
Uncovering value in emerging market bonds (PDF)
Amid political change and uneven growth, the yield advantage of emerging markets over developed markets is hard to ignore, and in some cases valuations are as attractive as they’ve been in years.
Japan remains committed to achieving sustainable, nominal growth (PDF)
Portfolio manager Seung Kwak shares his views on Abenomics, the postponement of Japan’s second consumption tax increase, and the impact of negative interest rates and Brexit on the country.
Fixed Income Focus: Corporate bonds and inflation (PDF)
Find out how European monetary policy is affecting corporate bonds beyond its borders, and why monetary policymakers in the US may choose to embrace potential inflation.
Three reasons why the UK should be OK
It’s not worth dwelling too much on the reasons why British voters opted to leave the European Union. For investors, a key question today is, will the UK be OK going forward?
US election 2016: Potential outcomes and areas of policy focus (PDF)
With several months to go before the US presidential election, Capital Group’s US public policy and communications advisor Matt Miller believes that a number of outcomes are possible.
Economic growth and secular stagnation: What lies ahead? (VIDEO 1:26)
Will China face a hard landing? What is the impact of secular stagnation on global growth? Hong Kong-based economist Stephen Green shares his views on recent economic developments, as well as the challenges and potential opportunities for investors.
Are there reasons to be optimistic about the US economy? (PDF)
Investment director Dale Hanks explains why a prudent, actively managed approach to investing in US equities may become even more important in the current environment.
Fixed Income Focus: US rates and Danish mortgage bonds (PDF)
Even if the Fed hikes rates this summer, long-term rates are likely to stay low. With this in mind, it is important for investors to look towards global niches to find the value they require.
A new dawn for Brazil (VIDEO)
Capital Group portfolio manager, Carl Kawaja discusses corruption investigations in Brazil and how he is assessing the potential for new investment opportunities there.
Fixed Income Focus: Volatility becomes the new norm (PDF)
Investment specialist Greg Garrett explains why investors should get used to volatility and how they can utilise core bond portfolios to mitigate risk.
Pessimism about Japan is overdone (PDF)
Seung Kwak, portfolio manager for Capital Group’s Japan Equity strategy, explains why he thinks that the downbeat verdict on Japan is premature. The country has embraced far-reaching structural changes – some that once seemed unthinkable.
Fixed Income Focus: Negative rates and US credit outlook (PDF)
As fixed-income investors face negative rates and other challenges in several developed markets, the search for better value could lead them to US bonds.
Emerging market fundamentals stronger than markets would suggest (PDF)
Portfolio manager Kirstie Spence explains why emerging market fundamentals may be stronger than markets would suggest and gives her view on the key themes that are having an impact on the global markets.
The new breed of global companies is creative, nimble and networked (PDF)
Learn about the shift in the makeup of global businesses to idea-driven companies, why the speed of product adoption is much faster, and the importance of global distribution networks.
Fixed Income Focus: US economic outlook (PDF)
In our third instalment of the Fixed Income Focus, investment specialist Greg Garrett discusses the mixed outlook for the US economy and what this means for investors.
Abenomics at a crossroads (PDF)
Seung Kwak, portfolio manager for Capital Group’s Japan Equity strategy, details what the negative interest rate policy means for Japan Inc and explains why he thinks Abenomics still has legs.
Credit and US rates outlook (PDF)
In this issue of Fixed Income Focus, we discuss how last year's trends could shape this year's credit market, and what to expect from markets as the Fed tightens rates.
China, Volatility and Why This Is Not 2008 (VIDEO 3:32)
Portfolio manager Jody Jonsson discusses the role of China’s decelerating GDP and overvalued currency in the latest market volatility.
A distinctive approach to investing (PDF)
In this Q&A, Capital Group New Perspective portfolio manager Rob Lovelace discusses how our multiple-portfolio-manager approach, The Capital System, sets it apart from many other global asset managers.
Japan: New year, new risks? (PDF)
Investors in Japanese equities were taken on a bumpy ride last year. Will it be any different this year? In this Q&A, Seung Kwak, portfolio manager for Capital Group's Japan Equity strategy, offers his views on the outlook for Japan's stock market and economy.
US, China Trade Places as Global Growth Engine (VIDEO 3:28)
Portfolio manager Rob Lovelace offers his perspective on recovery and growth in China, the US, Japan, Europe and the emerging markets.
Fixed-Income Themes for ’16: Inflation, Quality (VIDEO 2:19)
Capital Group portfolio manager John Smet discusses areas of opportunity he sees for fixed-income investors looking ahead into 2016.
2016 Outlook: Seek bright spots in uncertain markets (PDF)
As the year unfolds, investors who can see beyond macroeconomic headlines and seek out bright spots across the investment landscape stand to benefit.
Volatile markets to persist as investors adjust to new realities (PDF)
Global stocks have started the year on a volatile note amid slowing growth in China, lower oil prices and weak industrial activity. But we believe that chances of a global recession or financial crisis are low.
Q&A with portfolio manager David Daigle (PDF)
Capital Group Global High Income Opportunities portfolio manager David Daigle shares his outlook on the corporate high-yield bond market, including his view on valuations and the potential impact of US interest rate rises.
Local and dollar bonds provide different routes to returns (PDF)
An unconstrained approach to investing in emerging market debt can be beneficial in the current environment, where economic growth patterns and fundamentals are diverging.
Fed rate decision: liftoff at last, but no cause for panic (PDF)
Read the perspective of Capital Group fixed income portfolio managers on the Fed's decision to raise rates for the first time in nearly a decade.
2016 Market Outlook - Investment Opportunities in a Slow-Growth World (PDF)
Despite a tough year for the financial markets, we believe that there will continue to be ample opportunity for long-term investors. Find out more from the views of Capital Group portfolio managers on the current investment environment and identify opportunities in 2016.
Emerging markets: where do we go from here? (PDF)
Many investors have reduced allocations to emerging markets in recent years. However, with valuations becoming compelling and the long-term investment case remaining strong, there are signs that many are considering the asset class once more.
Find opportunities in a diverse global bond market (PDF)
In this Q&A, Capital Group Global Bond strategy portfolio manager Thomas Høgh shares his insights on the key issues that confront global bond investors today and his outlook for economic growth in 2016.
US interest rate outlook: expect a slower path to higher interest rates (PDF)
The key question facing US monetary policy is not when the Federal Reserve will raise interest rates, but how far it can go given mixed economic conditions in the US and intensifying financial pressures around the world.
Q&A with portfolio manager Robert Neithart (PDF)
Fixed income portfolio manager Robert Neithart shares his views on why, despite the potential for further weakness in the short term, the long-term outlook for emerging market debt is much more positive.
Take on near-term volatility with a long-term focus (PDF)
Despite recent market turbulence, history reminds us that declines are a relatively routine event. Read our Quarterly Investment Insights for perspective on the latest developments facing investors today.
A new perspective on global investing (PDF)
Through identifying changing global trade patterns and companies that are able to reshape the competitive landscape, the New Perspective strategy has outpaced the market since inception in the US.
Take a long-term view and stay invested (PDF)
Much has been said about the time horizon of investing, but what do long and short time horizons really mean? One way to think about the issues surrounding investment horizon is to consider them through two perspectives – that of the asset owner and the investment manager. Read to find out more.
Q&A with new leader of fixed income at Capital, Mike Gitlin (PDF)
The new chair of our Fixed Income Management Committee shares his thoughts on the increasing role of fixed income at Capital, especially as changing demographics lead to a greater need for more secure retirement income.
The Long View: the future is under construction (PDF)
Today's wave of urbanisation is bigger and faster than ever, and it is transforming the developing world. The migration to cities calls for massive investments in infrastructure and technology, creating significant opportunities for companies and investors.
Emerging market debt: investing in a period of structural change (PDF)
Further volatility is a distinct possibility, but selective investors should continue to find attractive longer term return potential across local and dollar-denominated markets.
Japan Equity Q&A with portfolio manager Seung Kwak (PDF)
The lead portfolio manager takes stock of the present state of affairs in Japan and offers his views on the portfolio's current investment themes as well as new opportunities that he's exploring.
Q&A with Mark Denning (PDF)
The lead portfolio manager of Capital Group’s European Growth and Income strategy discusses his approach to investing and offers insights into the current portfolio positioning, and where he sees the most promising investment opportunities.
The China syndrome: meltdown or recovery ahead? (PDF)
Segments of China's economy remain poised for growth despite an overall slowdown in activity. Our economist Stephen Green and China affairs specialist Andrew Dougherty discuss their outlook for China.
Perspective on recent market selloff triggered by China woes (PDF)
Global stocks have tumbled in recent days but periodic market corrections are not necessarily bad news – especially if they provide opportunities to invest in strong companies at attractive prices.
10 observations about the current market environments (PDF)
Portfolio manager Ted Samuels offers his perspectives on recent market volatility and offers strategies for putting present events into context.
Investing in Africa: using research to identify the full spectrum of opportunities (PDF)
It is often difficult for investors to access Africa. Having access to the broadest possible emerging market opportunity set potentially allows for greater diversification within a portfolio and helps limit investment risk.
Africa: the land of selective opportunity (PDF)
African bond markets offer the potential for positive credit migration and diversification. Find out how on-the-ground research and comprehensive macro analysis can weigh up the fundamental outlook for each country with the valuation of the bonds.
Research-driven multinational focus has generated superior returns (PDF)
Capital Group’s New Perspective strategy focuses on investing in companies that have benefitted from changes in global trade patterns. We are now making this strategy available to our investors in Asia for the first time.
Signs of stabilisation in China’s economy (PDF)
China has continued to deleverage and growth is still moderating, but the worst may be over and, over time, the reform agenda should move the country forward.
Q&A with Capital Group Global High Income Opportunities portfolio manager Laurentius Harrer (PDF)
Our portfolio manager Laurentius Harrer discusses the outlook for emerging market debt and high-yield corporates. He also explains his preference for high yield over emerging market debt given a strong US dollar and weak commodity prices.
Q&A with Capital Group Emerging Markets Debt portfolio manager Laurentius Harrer (PDF)
Our portfolio manager Laurentius Harrer discusses the outlook for emerging market debt and highlights his high-conviction ideas.
Midyear Investment Insights: Economic crosscurrents call for selectivity (PDF)
Changes in monetary policy and uneven levels of growth around the globe make it a time to be selective. Gain perspective on the latest developments facing investors today.
Bull Market’s Lifespan Comes Down to Fundamentals (VIDEO 1:55)
Evolving Japan Now Offers Intriguing Opportunities (VIDEO 3:53)
Europe Showing Signs of Recovery (VIDEO 3:54)
U.S. Valuations Should Be Judged in Broader Context (VIDEO 2:44)
Capturing value opportunities in Japan (PDF)
Our Japan Equity portfolio manager, Andrew Johnsen, shares his value investing approach and where he sees attractive investment opportunities in Japan.
How global dividend growers can deliver more growth and less volatility (PDF)
Past experience suggests that shares in dividend-growing companies tend to be less volatile than the overall market and more effective at preserving value in down markets, which is important for building superior long-term investment results.
Secular Change in the US Retail Sector (PDF)
The rise of e-commerce is having a profound effect on the US retail sector and is likely to generate new winners and losers – creating opportunities for stock pickers.
Dividends have more room to grow (PDF)
Unsteady economic growth and other headwinds may have cast doubts over the direction of dividends in the near term, but the longer-term outlook is bright.
Emerging market debt: Evolving with the asset class (PDF)
Emerging market debt (EMD) has evolved from a US dollar sovereign debt market to a diverse mix of local and hard currency sovereign and corporate debt. As the asset class has evolved, so have our capabilities in managing EMD.
The Long View – No Status Quo: The Difference Disruption Makes (PDF)
Emerging technologies are creating new products and business models that are disrupting the old ways. For both companies and investors, rapid change can be unsettling, but it can also present opportunities and potential rewards.
Investing in Japanese manufacturers with sustainable competitive advantages (PDF)
Manufacturers comprise a sizeable portion of the Japanese stock market and developing a strong understanding of them is imperative for active investors.
Using our globally integrated research to invest in Europe (PDF)
As a global investment management company, we leverage our widespread research footprint to analyse European companies in a truly global context.
Investing in quality companies for the long term (PDF)
Our US Growth and Income portfolio manager, Barry Crosthwaite, discusses his approach to investing and the current market environment in the US.
Emerging market local currency debt: A mainstream asset class (PDF)
We review the development of this increasingly mainstream asset class and discuss the characteristics that could make emerging market local currency debt an attractive option for investors.
Emerging markets today (PDF)
The emerging market story is far from over but an active, bottom-up approach is critical in a market where, increasingly, company-specific factors are driving investor returns.
India: Modi reforms pave the way to growth (PDF)
India, with its push for economic reforms and positive growth prospects, may represent an increasingly attractive opportunity for emerging market investors.
Following a clearer path in a volatile world (PDF)
Investment returns generated by companies that pay and grow their dividends over time tend to be less volatile than those generated by the wider universe of global stocks. Combine that with an attractive yield and you have a solution that appeals to a broad range of investors. In this Q&A, Ted Samuels, one of World Dividend Growers’ three portfolio managers, elaborates on the strategy’s positioning and its approach to risk management.
The Long View: The Future Looks Bright (PDF)
From self-driving cars to breakthrough drugs against cancer, we are on the cusp of a dramatically different world. Companies that are poised to take advantage of these changes may just reap new profits, and provide long-term investors with opportunities that few could have imagined a decade ago.
A lower risk approach to emerging market investing (PDF)
Having the flexibility to invest across the complete emerging market investable universe creates the potential for long-term results with lower volatility.
Oil Price Declines Could Have Far-Reaching Effects (PDF)
Many of our analysts and portfolio managers believe that oil prices could remain low until supply-demand imbalances are corrected, which could take some time.
Japan: What next? (PDF)
Japan Equity portfolio manager Seung Kwak and investment specialist Akira Fuse examine the recent political and economic developments in Japan alongside the significant changes on the corporate front.
Emerging Markets Could See Increased Volatility in the Medium Term (PDF)
Our portfolio manager Shaw Wagener shares his thoughts on prospects for emerging market equities and the themes that he is exploring this year.
Falling Oil Prices Present Short- and Long-Term Investment Opportunities (PDF)
With oil prices substantially lower since June, investors are rightly concerned about the resulting impact on energy-related investments. We take a look at the potential implications.
The list of headwinds around the world is long as we end 2014. Yet, we believe that 2015 will present meaningful opportunities for investors seeking growth and sustainable income.
Russian financial assets have declined following the slide in crude oil. Given the geopolitical risks, we prefer a wait-and-see approach.
Many of our portfolio managers are finding good value in European and Japanese businesses despite expectations of economic weakness in these parts of the world.
There is currently much discussion as to when and by how much the US Federal Reserve will raise interest rates. Our Global High Income Opportunities portfolio manager David Daigle explains why he believes being shorter duration and moving up the credit rating spectrum will help minimise the potential impact of rate hikes.
Our investment professionals explain why they remain hopeful about Japan's economy and stock market, despite weak GDP figures and caution around 'Abenomics'.
Portfolio manager and fixed income research director Kirstie Spence shares her thoughts on an eventful year to date in emerging market bond investing and the broadening opportunity set.
Many of our fixed income portfolio managers expect interest rates to move higher in 2015, but perhaps not as fast or as far as some fear.
Scientific breakthroughs are yielding revolutionary treatments for many diseases. Our analysts and portfolio managers talk about the compelling investment opportunities that are coming up in the pharmaceutical and biotechnology industries.
After years of strong equity gains, volatility has returned to the market. Our investment professionals put that volatility into perspective and explain why the long-term secular trends that inform many of our investment decisions remain solidly in place.
Japan Equity portfolio manager Seung Kwak discusses the meaningful changes that are happening in Japan, and why these changes bode well for Japanese stocks over the long term.
An overdue coupon payment has added uncertainty to the outlook for Argentina’s debt and economy. We share our views on the potential implications.
Companies are seeking recurring revenue that translates into sustainable income even in challenging economic environments. Our portfolio managers and analysts share their insights on the razor-and-blade business model, and explain what companies with recurring revenue can bring to an investment portfolio.
Our portfolio manager Tim Armour discusses equity investing, the European economic recovery and pockets of the market where he sees value.
What level of interest rate would be consistent with an economy operating at near-full capacity and close-to-target inflation? Our portfolio manager Wesley Phoa develops a framework and draws a few conclusions.
The ways to access investment opportunities in the developing world are changing as markets evolve. We look at how investors should re-think their investment strategies.
Will recently announced reforms accelerate China's transition to a consumer-led economy, and what are the potential opportunities for investors? We look at the fallout from the party's recent meetings.
Portfolio managers Shaw Wagener and Rob Neithart discuss their outlook for emerging markets following the recent volatility and share where they are finding investment opportunities in equity and fixed income markets.
Outlook on currencies (PDF)
Fixed-income portfolio manager Mark Brett discusses the outlook for the world's major currencies, including his views on the possible end of the dollar bear market and Japan's new efforts to weaken the yen.
Fixed income portfolio manager Wesley Phoa and tax analyst Elizabeth Mooney examine the impact of the two-month delay in spending cuts, the need for further tax reform, and the impact on markets and the overall economy.
The ETOP portfolio manager describes the influences that drive his portfolio decisions and gives us his view on the outlook for emerging markets, including China and Brazil.
Economist Darrell Spence and fixed income portfolio manager Wesley Phoa take a closer look at the fiscal cliff and its implications for the U.S. economy in the short and long term.
Political analysts Michael Thawley and Jeff Brown share their perspectives on the economic and financial implications of the U.S. election results, including their views on the looming fiscal cliff as well as the longer-term debt problems the country faces.
Many investors may feel uncertain of why they're invested in an actively-managed fund. Our recent viewpoints may help provide insight and evidence to answer the question of 'why go active?'