In 1900 an individual’s life expectancy was 47 years. Today, the average life expectancy for men and women in the United States is 78 years. Given the fact that many of us are living much longer, it’s important to factor in longevity when you construct client investment portfolios.
The Art and Science of ESG in Fundamental Research—Thornburg
ESG analysis opens news fields of inquiry into corporate management’s performance on key sustainability issues. ESG miners and energy companies? “Really...
Fed Fuels Record High-Yield Bond Market Issuance and Investor Inflows—Thornburg
Amid a massive return since the March low, the default rate has nearly tripled from year-ago levels as recovery rates deteriorate. “Kicking the can down...