Posts By: Norman P. Boucher, Portfolio Manager, and Paul D. Scanlon, CFA

Active investing may matter more than risk trade

Improving fundamental conditions in the high-yield bond sector may make the ability to research sectors and individual issues more important in a risk-on/risk-off environment.

Comparing high yield and equities? Consider risk

The high-yield sector may offer more attractive returns with potentially lower volatility than equities, based on a comparison of the historical profiles of the two asset classes and analysis of current credit risk conditions. As interest rates rise, bond prices … Continue reading »

Gas, chemicals break new ground in high yield

Fundamental changes in old industries, from gas to chemicals to telecommunications, are shaping the landscape of high-yield investment opportunities. As interest rates rise, bond prices fall. Lower-rated bonds may offer higher yields in return for more risk.