The Virtus KAR Small-Cap Growth Fund is the subject of a Reuters feature highlighting the Fund’s strong performance over the last decade relative to all other stock mutual funds. Though currently closed to new investors, the fund remains open to defined contribution and defined benefit plans. Read the article for insights from the portfolio managers, Todd Beiley and Jon Christensen, who manage several small- and mid-cap portfolios at Kayne Anderson Rudnick.
Frank Ossino, senior portfolio manager and sector head of the bank loan asset class at Newfleet, discusses prospects for bank loans heading into 2020.
James F. Keegan is chief investment officer and chairman of Seix Investment Advisors. Perry Troisi is a managing director and senior portfolio manager at Seix. In WealthManagement’s Fixed Income Outlook 2020 (November 2019 edition), the two provide their views on the current credit binge that has led to a considerable deterioration in the overall quality of the investment grade corporate bond universe.
Amid growing uncertainty, investors have shown greater interest in bond funds but must contend with a variety of risks as central banks around the world continue to implement unprecedented negative rate policies and the Federal Reserve remains accommodative. Here’s a guide to why active management matters.
More than immigration or the economy, healthcare is poised to be a central political fault line in next year’s presidential election. And, with the sector representing about 13 per cent of the S&P 500® benchmark stock index, as of July 31, the political situation will be keenly watched by investors.
Frank Ossino is a senior portfolio manager and sector head of the bank loan asset class at Newfleet Asset Management. In WealthManagement’s Fixed Income Outlook 2020 (November 2019 edition), Frank provides his view on why the bank loan market is an income asset class, not solely an interest rate hedging tool.
Ten years may sound like “long term” investing, unless you’re talking about the 10 years ended September 30, 2019. Without the bear market of 2008-09 in your time frame, the view becomes incredibly rosy. A 20-year lookback provides much-needed perspective.
Explore the key attributes of mid-cap investing and the opportunities offered to investors, and use our interactive tool to see how an allocation to mid-caps may improve an equity portfolio’s performance and mitigate risk over time.
A structurally flawed benchmark index has proven a fertile ground for active managers.
With rising corporate debt, increasing leverage, declining rates, and a slowing economy, where do risk-averse investors turn for income? Virtus investment professionals weigh the options.
After the FOMC cut rates, Fed Chair Powell said nope to NIRP (negative interest rate policy). But a return to ZIRP (zero interest rate policy) and more QE/forward guidance seem inevitable.
Newfleet Asset Management’s current view regarding the discontinuation of LIBOR, which is scheduled to happen at the end of 2021, and its potential impact on the loan market.
The ten-year U.S. Treasury note yield recently fell below that of the two-year note for the first time since 2007. Should the yield curve stay inverted for an extended period, it is clearly a negative development for economic growth. Kayne Anderson Rudnick (KAR) believes the yield curve tends to be a more accurate forecasting tool than many economists or Wall Street strategists, and should prompt the Fed to extend rate cuts.
“It’s dividends, valuation, and fundamentals.” Don Wordell, portfolio manager at Virtus affiliate Ceredex Value Advisors, discusses the investment process behind the Virtus Ceredex Mid-Cap Value Equity Fund, which he has managed since 2001.
Newfleet Asset Management provides perspective on why the loan market should be viewed as an income asset class, not solely an interest rate hedging tool.
The search for attractive long-term growth is an evergreen quest for all investors. Finding that growth while also trying to avoid sharp market losses is an even more challenging task.
Seix Investment Advisors discusses China’s ability to deliver solid economic growth in the coming months in order to prevent a further global slowdown in 2019 and beyond.
The benefits of active versus passive management has been a longstanding question in asset management. The debate has gained momentum in recent years as only a few managers in certain asset classes have been able to outperform index-replicating strategies on a net basis.
Despite significant outflows in recent months, bank loans is still one of the best risk-adjusted asset classes since 1992.
Plan sponsors have a wide variety of investment solutions available to them in today’s retirement plan marketplace. This paper provides a framework for evaluating the potential benefits of including managed accounts as a complementary plan solution alongside participant-directed investments and target date funds.
With inflation a growing concern, retirement investors may wish to consider an allocation to non-traditional inflation hedges like high yield bonds and leveraged loans which offer little to lower duration risk, respectively, and a low correlation to investment grade bonds, as well as other benefits.
Featured in Wealth Management’s 2018 Midyear Outlook edition, Frank Ossino discusses Newfleet’s outlook and investment thesis for bank loans at the midyear point.
In April and May 2018, members of Duff & Phelps’ Global Listed Infrastructure team traveled to Australia, New Zealand and Europe for investment research trips. Senior portfolio manager Connie Luecke, CFA, shares insights gleaned from site visits and meetings with management.
The Duff & Phelps Global Real Estate Investment Team comment on the positive pickup in deal activity in the industrial REIT space over the past month.
A Q&A with the portfolio managers of the Virtus Global Real Estate Securities Fund