The firm also announced that Lazard Asset Management will act as expert advisor to provide asset-allocation recommendations for the Chorus II portfolios
The change occurs as the team of portfolio managers responsible for the funds’ risk-management overlay strategy moved to Fiera from HR Strategies
Portfolio managers point to uncertainty caused by Brexit and sluggishness of many economies in Europe
Negative interest rates and the mounting level of global debt are among the factors that tend to support the price of gold bullion
The investment objectives of the funds remain unchanged
Portfolio managers don't anticipate dramatic moves in bond yields
In part three of a fixed-income roundtable, the managers explain why they are positioning their portfolios conservatively
In part two of a fixed-income roundtable, the managers discuss the impacts of Brexit and the U.S. election, the rate shock of negative yields, and volatility in corporate bonds
In the first installment of a fixed-income roundtable, three mutual fund managers explain why interest rates around the world remain so low and, in some cases, in negative territory
Jurrien Timmer expects growth to remain sluggish