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Jeff Herold
June 12, 2018
Given our view that yields are likely to move higher, we continue to maintain our defensive position in bond portfolios with the portfolio durations slightly shorter than their benchmarks. We remain overweight the corporate sector as creditworthiness remains good, however corporate yield spreads are not particularly attractive and therefore we believe it prudent to reduce corporate exposure.
Our investment management team is made up of engaged thought leaders. Get their latest commentary and stay informed of their frequent media interviews, all delivered to your inbox.