But people will talk of a “dovish” hike, as uncertainty and pessimism, as well as continued Trump administration tumult, threaten to temper growth expectations.
Factor-based investing strategies have taken the ETF world by storm, with hundreds launched in the equities market. But the best smart beta plays may be in fixed income.
The second installment of BNY Mellon Investment Management’s three-part look at investible themes under the Trump administration: Inflation, and rising rates.
Inspire plans to launch the first religiously focused fixed-income fund within the next few weeks.
The high cash levels underscore how difficult it is for fund managers to navigate a decades-long bond rally that may be due for a correction.