Investment Grade
Our Portfolio Allocation Summary for September 2025.
Our Portfolio Allocation Summary for August 2025.
Our Portfolio Allocation Summary for July 2025.
Our Portfolio Allocation Summary for June 2025.
Our Portfolio Allocation Summary for May 2025.
This year’s corporate bond sell off has hit high-yield more than investment grade, and high-yield spreads have turned relatively more attractive as a result.
US Treasuries typically outperform both equities and global government bonds during downturns. Recent political shifts could lessen that outperformance this cycle, but we doubt it will disappear completely.
Our Portfolio Allocation Summary for April 2025.
Corporate bond spreads are tight around the globe and do not adequately compensate for the risk of a deterioration in credit quality. We examine the global corporate credit landscape to identify which markets are best equipped to perform in the current environment.