As we monitor continual updates about COVID-19, our response is designed with two priorities in mind: the safety and health of our associates, clients and partners; and our mission to be trusted stewards of client capital.
The following content provides our views on market conditions and business policy due to the turmoil created by the coronavirus. The situation remains fluid and we will continue to update this page with additional information as it becomes available.
Chief Client Officer Jo Ann Quinif shares how our client team has continued to serve clients remotely and what she views as unique attributes of the team.
It’s clear airlines caught the brunt of COVID shutdowns. But what has surprised the market most over the past five months? Research analyst Blake Haxton, CFA, discusses some unexpected developments.
Catch up on the latest developments in the securitized market, including where consumer default levels stand today, with our August fixed income commentary.
Analyst Blake Haxton discusses the state of the oil industry after months of subdued demand and March’s price war, and shares where air travel demand stands today.
Smart, energy-efficient buildings have been in demand for years, but their features have historically been viewed as luxuries versus necessities. COVID-19 has turned that view on its head.
Fixed income portfolio manager Bill Zox projects new corporate bond issuance will exceed 20% of total outstanding corporate debt in 2020—enabled by the Fed’s massive buying power.
Prior to the COVID-19 pandemic, the pharmaceutical industry was suffering from market apathy due to poor research and development (R&D) productivity, negative publicity regarding high drug costs and a lack of innovation from mature biotech and biopharma companies – and valuations suffered.
We are now a little over three months past the peak of recent market uncertainty—the day the U.S. government announced its multi-prong efforts to stimulate and support financial markets and the economy.
Portfolio Manager John McClain reviews the historic first half of 2020, discussing opportunities in the investment grade space, fallen angels and the ongoing opportunity in the high yield market.
Portfolio managers Grady Burkett, Krishna Mohanraj and Rick Snowdon discuss the long-term impact on global businesses of recent economic disruptions as well as new market opportunities.