CFA Institute Fixed-Income Management Conference
The CFA Institute Fixed-Income Management 2019 Conference will be held in Boston, Massachusetts, on 17–18 October. This annual event covers practical topics for researchers, analysts, portfolio managers, and top strategists, focusing on global debt markets, fixed-income sectors, security selection, and portfolio construction.
Richard H. Clarida discussed what he calls "an evolution in Fed communication."
Recession risks are "very, very high," says Anne Walsh, CFA.
BlackRock's Marilyn Watson is optimistic about opportunities in global bond markets, despite significant challenges in the current interest rate environment.
Today's winners are winning bigger and dominating differently than their predecessors. Erik Weisman, PhD, and Sean Cameron, CFA, think that it could be an enduring trend.
"The thing about fixed income is avoiding the downside," says PGIM's Gregory Roberts. "We get penalized for losses and get very little for getting things right."
Andrew W. Lo explained how insights from biology can address the shortcomings of the efficient market hypothesis (EMH).
"I don't see GDP growth running away from us," Robert S. Kaplan said. "In fact, if we don't take wise actions from a policy point of view, I actually think potential GDP is likely to trend lower over the next number of years from where it is now."
The US municipal bond markets have been “changing for the good” in terms of disclosure and reporting since the financial crisis, according to Peter Coffin, president of Breckinridge Capital Advisors.
Michael Pond, CFA, delivered an interesting primer on inflation-linked debt at the recent CFA Institute Fixed-Income Management Conference. So what are inflation-linked bonds? They are most typically debts issued by sovereign nations whose nominal interest rate is adjusted, either up or down, by an inflation measure.
How can investors cope with the extraordinary, post-Great Recession policies of central banks? PIMCO's Marc P. Seidner, CFA, offered direct and logical prescriptions at the CFA Institute Fixed-Income Management conference.