We are reducing our duration exposure to 85% from 90%. Once again, credit is getting expensive, but there is further room for spread compression. If you're an absolute return player, then further upside progress in credit may be difficult to achieve. If you are more interested in relative returns, then high yield continues to outperform.
Complete the form and a member of our team will send you a copy of this publication.
While you wait, explore additional NDR research and solutions.
Institutional Investors
Custom Research
Wealth Managers
Stock Selection
ETF Selection
Please note that you are using an unsupported browser. While the site will continue to function, you might experience sub-optimal behavior until you upgrade. Please update your browser to a later version for a better experience.