If there is one certainty for pensions, it is that monthly benefit obligations will continue for the life of the plan regardless of what is happening in the markets.
Oftentimes, tighter monetary policy exposes financial excesses and pockets of risk within an economy. In the current late-cycle environment, this may be the case.
How direct lenders should avoid it and what they should do.
The Loomis Sayles Disciplined Alpha (DA) Team seeks to consistently deliver excess returns relative to the Bloomberg US Aggregate Bond Index (Aggregate) and similar indices.