The new fund will reportedly focus on three strategies; using algorithms to identify
attractive bond valuations, option overlays to provide protection against sudden market movements, and taking advantage of opportunities in yield curve movements.
Not exact matches
«
Valuations are at extremely
attractive levels considering
bond yields and low inflation expectations.
And that's why I believe it's particularly important to stay diversified, as Mike Darda said — diversified in emerging markets, which offer
attractive valuations; muni
bonds; and, as always, gold and gold stocks.
As a result, I've been looking at opportunities in commercial paper and among corporate
bonds with
attractive valuations.
We believe
valuations of select emerging - country equity and sovereign
bond investments remain
attractive relative to those available in developed markets.
The big takeaway for those seeking to buy into market weakness: Be wary of buying notionally cheap assets that face challenges (e.g. domestically - focused European assets like U.K. real estate and European banks), and instead focus on assets with relatively
attractive valuations and positive fundamental drivers, such as quality stocks, dividend - growth stocks and investment - grade
bonds.
If
valuations remain high or increase, at some point higher yields may make
bonds more
attractive relative to equities.
The
attractive valuation of stocks relative to
bonds became a widely held belief after Edgar Lawrence Smith published a book in 1924 on stock market
valuation, Common Stocks as Long Term Investments.
As Peter Bernstein suggested, a more flexible and opportunistic investment strategy is going to be demanded until
bond and stock
valuations once again become
attractive.
For some time we have believed that businesses with a narrower range of outcomes, or stable businesses, have been bid - up as
bond substitutes, while businesses with a more cyclical profile have fallen to more
attractive valuation levels.
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bonds [CNBC] Sum of the parts
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The big takeaway for those seeking to buy into market weakness: Be wary of buying notionally cheap assets that face challenges (e.g. domestically - focused European assets like U.K. real estate and European banks), and instead focus on assets with relatively
attractive valuations and positive fundamental drivers, such as quality stocks, dividend - growth stocks and investment - grade
bonds.
This article explains why local currency emerging market
bonds are
attractive relative to historical
valuation levels as well as current developed market opportunities.
This spread has a ways to tighten before equities» relative
valuation starts to look less
attractive (it's when the stock /
bond PE ratio is closer to 1 that investors should start to worry).
As Peter Bernstein suggested, a more flexible and opportunistic investment strategy is going to be demanded until
bond and stock
valuations once again become
attractive.
I find that rental properties perform much like
bonds — they provide a stable cash flow that can be used to pay living expenses or make purchases of additional equities when they are at
attractive valuations.