How to position fixed-income portfolios for rising rates and volatility
Benchmark hugging will not benefit most investors, so advisers must look far and wide for opportunity.
Even though the Federal Reserve declined to hike interest rates earlier this month, we still believe rates will rise modestly in late 2015 and proceed at a moderate pace thereafter. Given this backdrop, advisers are wondering how best to position their clients' fixed-income portfolios to manage incr
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