Global Bonds Position Paper
July 30, 2012
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Tom Salemy, CFA, CAIA,
Managing Director
Over the last several years institutional investors have adjusted their fixed income portfolios to include significant allocations to global bonds. This trend represents a regime shift from prior years when bond portfolios were mostly concentrated on U.S. issuers. However, as the trend has gained momentum, so has the need to truly understand global bonds and how they can impact a portfolio. In this paper, we outline our position on investing in global bonds from the perspective of a U.S.-based investor.
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