Current Investment Strategy and Themes
- Equity flows still steady despite lower earnings ahead.
Credit downgrades continue in less than investment grade
- Global growth is slowing and potential gray swans include
a central bank mis-step, U.S. – Chinese trade war & an
over-inflated Collateralized Loan Obligations (CLO) market.
- We recommend positioning portfolios in a diverse mix of
equity, credits & alternative investments that benefit in
the later stages of the economic cycle.