Brian Kennedy, VP, Portfolio Manager, Full Discretion Team at Loomis, Sayles & Company joins Keith Black, Ph.D, CAIA, CFA, FDP, Managing Director at RIA Channel to discuss the state of global fixed income markets and what investors can expect headed into 2023. Kennedy weighs in on the Fed’s next move, inflation implications, sectors to watch and the importance of security selection in today’s challenging fixed income market.
“It’s a very different world stage than what we have been used to in the last 30 years,” says Kennedy, citing sustained inflation, tightening monetary policy, a difficult labor market, and the ‘weaponization of commodities’ as key challenges.
For more insights on this topic:
Loomis Sayles – Investment Outlook – October 2022
The global economy appears headed for a downturn and we believe the clock is ticking on the US cycle as well. Read More
Loomis Sayles & Company – Website
Loomis Sayles Full Discretion Team
Brian Kennedy is a vice president of Loomis, Sayles & Company and co-portfolio manager on the full discretion team. He has 32 years of investment industry experience. Brian joined Loomis Sayles in 1994 as a securitized and government bond trader. He transitioned to the high yield trading desk in 2001, where he initiated the firm’s trading of bank loans, while also trading high yield, convertibles, derivatives and equities. Brian joined the full discretion team as product manager in 2009 and was promoted to co-portfolio manager of the investment grade bond product suite in 2013. In 2016, he began co-managing the entire multisector suite of products. Brian began his investment industry career as a fund accountant at the Boston Company. He earned a BS from Providence College and an MBA from Babson College.
Important Disclosure
This video is provided for informational purposes only and should not be construed as investment advice. Any opinions or forecasts contained herein reflect the subjective judgments and assumptions of the speakers only and do not necessarily reflect the views of Loomis, Sayles & Company, L.P. Investment recommendations may be inconsistent with these opinions. There can be no assurance that developments will transpire as forecasted and actual results will be different. Data and analysis does not represent the actual or expected future performance of any investment product. We believe the information, including that obtained from outside sources, to be correct, but we cannot guarantee its accuracy. The information is subject to change at any time without notice.
Indices are unmanaged and do not incur fees. It is not possible to invest directly in an index.
Commodity, interest and derivative trading involves substantial risk of loss.
This is not an offer of, or a solicitation of an offer for, any investment strategy or product.
Any investment that has the possibility for profits also has the possibility of losses, including the loss of principal.
Markets are extremely fluid and change frequently.
Past market experience is no guarantee of future results.
MALR029813