VIS with Thornburg Investment Management

Fixed Income Versus Equities: Where Are the Investment Opportunities?

Date:

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Foto cedidaVirtual Investment Summit con Thornburg. VIS

Author: Cecilia Prieto

  1. One of the segments in which Erickson is currently finding the most value is in leveraged loans, an asset he sees as “a high yield product that trades at a floating rate rather than offering a fixed interest rate.”  He is also finding ideas in investment themed around consumption, particularly the U.S. consumer, where he invests through ABS and in certain parts of the non-agency-backed mortgage market.
  2. Miguel Oleaga talks about the opportunity represented by the reopening of economies globally, given that not all countries are doing so at the same speed, which is generating inefficiencies that can be exploited in their fund: "There are many economies that are still suffering greatly from Covid, and this is reflected in the fact that the prices of the leading companies in these markets are not being representative of their true value"