26 December 2013

Uniqueness of the Current Fixed-Income Market (Video)

Posted In: Fixed Income, Portfolio Management, Standards, Ethics & Regulations (SER)

What should fixed-income investors do in today’s unprecedented market? Thomas H. Atteberry, CFA, portfolio manager for the FPA Absolute Fixed Income Strategy and CEO of FPA New Income, reveals solutions to some of the problems being faced by fixed-income investors due to yield curve distortions caused by central banks. Atteberry also discusses “cov-lite” and why it seems to accompany every asset bubble. Lastly, he discusses what a perfect world would look like for a fixed-income investor.

This episode of the Take 15 Series was originally released on 4 December 2013.

Are you viewing this post on a mobile device? Download the CFA Institute app from the App Store or Google Play to watch this and other videos.

Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute.

Tags: Take 15, US Federal Reserve, Videos

Share On

About the Author(s)

Jason Voss, CFA

Jason Voss, CFA, tirelessly focuses on improving the ability of investors to better serve end clients. He is the author of the Foreword Reviews Business Book of the Year Finalist, The Intuitive Investor and the CEO of Active Investment Management (AIM) Consulting. Voss also sub-contracts for the well known firm, Focus Consulting Group. Previously, he was a portfolio manager at Davis Selected Advisers, L.P., where he co-managed the Davis Appreciation and Income Fund to noteworthy returns. Voss holds a BA in economics and an MBA in finance and accounting from the University of Colorado.

Ethics Statement

My statement of ethics is very simple, really: I treat others as I would like to be treated. In my opinion, all systems of ethics distill to this simple statement. If you believe I have deviated from this standard, I would love to hear from you: [email protected]