Looking for reliable income? Consider a strategy that focuses on rising dividends from companies with growing free cash flow. Q4 hedge fund letters, conference, scoops etc mohamed_hassan / Pixabay Investing for income is a perennial challenge. For many investors, the goal is not only to generate a sufficient stream of income but [...]
Alarms are being raised around investment-grade BBB rated debt, but they’re oversimplifications. These charts help tell the story. Q3 hedge fund letters, conference, scoops etc Investors rely on investment-grade bonds to provide return that’s potentially higher than less-risky government bonds, but likely not as aggressive as riskier high-yield bonds. In the [...]
Concentration, not diversification, has been rewarded for most of 2018. A metric you’ve probably never heard of helps give some insight. Diversification is one of the guiding principles of portfolio construction, but year-to-date market performance (especially prior to the October correction and the midterm elections) has undermined this well-established approach. [...]
Low or negative returns from equities and bonds are resulting in a spike of interest in convertible securities. David King provides a sector update. Get The Timeless Reading eBook in PDF Get the entire 10-part series on Timeless Reading in PDF. Save it to your desktop, read it on your tablet, [...]
As growth stocks continue to dominate, we examine what’s driving growth’s performance and why we believe value’s time will come. Get The Timeless Reading eBook in PDF Get the entire 10-part series on Timeless Reading in PDF. Save it to your desktop, read it on your tablet, or email to your [...]
A Primer on Preferred Securities by Columbia Management As financial institutions raise capital and reduce risk, preferred securities can offer an attractive risk-adjusted yield in a low-yield environment. Let’s examine this asset class, including the structures, the motivation of issuers and investors and why we think preferred securities make sense [...]
