Location? Location? Location?
Actually, it’s more a matter of opportunity -- at least in the case of market conditions and active fixed income, according to wellington.com.
Said the authors: In our judgement, having an opportunistic element to asset allocation implementation will be key to exploiting the regional imbalances that are likely to arise later this year and beyond,” stated the authors, who emphasized the views were theirs at the time of writing and that other teams might view the situation differently and make different investment decisions. They continued that by homing in on strategies evolving around global investment -- with flexible regional allocations – to pinpoint opportunities like early and teak heir geographic weights in light of fresh information, investors can cast their chips on the skills and depth of active portfolio managers.
Speaking of opportunity, inflation can be exactly that for investors in active fixed income, according to us/allianzgi.com.
While escalating price tags for goods and services are a blaring red flag for those who pluck down cash in conventional government bonds, when it comes to whipping up returns in the midst of climbing or receding inflation, let’s just say active managers have their ways.