Manager Insight Series
The Value in Small-Cap Value
Using small-cap value stocks is currently the least expensive asset class within U.S. equities, have historically outperformed small-cap growth stocks, and may provide diversification benefits to an investor’s portfolio.
The Case for SMID
Over the past 40 years, small- to mid-cap (SMID-cap) stocks have outperformed small- and large-cap equities in both bull and bear markets.
A Tale of Two Markets
Divergence in today’s high yield market can be challenging, but also provides opportunity.
Loans or Bonds?
There may be a favorable relative-value advantage for floating rate loans over high-yield bonds in the near term.
Tina Jones from Rothschild & Co Asset Management US Inc., the subadvisor for the Pacific Funds U.S. equity funds, gives her views on the impact of tariffs on domestic small-cap stocks and what the future may hold.
Portfolio Managers David Weismiller and Ying Qiu share insights into what’s happening in the BBB space and the impact to investors.
Portfolio Manager Viewpoints
Pacific Funds Portfolio Managers JP Leasure and Michael Marzouk discuss the loan market, outlook, and portfolio strategy until the end of 2018.
Pacific Funds Strategic Income Portfolio Manager Q&A
Pacific FundsSM Strategic Income Portfolio Manager Brian Robertson discusses the portfolio management team’s investment process and philosophy.
Floating Rate Once Again
Bank loan portfolio managers JP Leasure and Michael Marzouk discuss the loan market, outlook, and portfolio strategy for the remainder of 2017.
Fiscal Policy to the Forefront
Pacific Funds portfolio managers discuss the current market environment, fiscal and regulatory policy, and their broad positioning for the second half of 2017.
An Alternative to the Sirens’ Song
Pacific Funds portfolio managers examine several developments that have increased the focus on alternatives and how the asset class may address two of the more pressing potential risks in capital markets today.
Value, Growth, or Both? A Framework for Allocating to Small-Cap U.S. Equity
While investing solely in a small-cap core strategy can provide a set-it-and-forget-it approach, those who believe in rebalancing or taking tactical views may prefer both small-cap value and small-cap growth strategies.
Portfolio Manager Viewpoint
Pacific Funds portfolio manager David Weismiller discusses how fixed-income portfolios may be positioned in the post-U.S. presidential election environment.
Climbing the Wall of Optimism
Will the surge in consumer and business confidence translate into economic growth? In this article, we discuss this notion and our overall positioning entering 2017.
2017 Outlook: The Picture Taking Shape
In this article, Pacific Funds portfolio managers discuss major asset classes and provide their unique perspective on investment themes that may impact the markets throughout the balance of 2017.
Under Control: How a Disciplined Approach Can Keep Investors Focused
Behavioral tendencies have been shown to have severe consequences for investors' portfolios. While behavioral modifications can help, we believe a risk-controlled approach to investing may help investors overcome traditional behavioral decisions that often lead to underperformance.
Laboring Over Rates
Decisions at the Federal Reserve have wide-ranging implications for investors across the globe. When Federal Reserve Board Chair Janet Yellen presides at the Federal Open Market Committee meetings in November and December, she will face a difficult decision on whether to raise interest rates.
The New Conundrum
A year into the Federal Reserve’s (Fed) 2004-2006 tightening cycle, Treasury yields were moving lower in spite of the Fed raising the Fed Funds target rate. Today, Fed Chair Janet Yellen is faced with a new conundrum.
Negative Interest Rates: Staying Comfortable Below Zero
Negative interest rates are a new and untested monetary phenomenon rolled out by central bankers around the globe, but will they work? Pacific Funds portfolio managers examine negative interest rates and assess their potential impacts on global financial markets.
Portfolio Manager Viewpoints
Bank loan portfolio managers, JP Leasure, and Michael Marzouk, discuss the loan market environment and their outlook for 2016.
High-yield bonds surged, so what is next? Pacific Funds portfolio managers look at three catalysts: oil prices, U.S. economic growth, and China that could help determine the future direction of performance.
On the Quest for Returns, Don’t Overlook Small-Cap Growth
In recent years, product innovation has allowed investors access to a variety of new asset classes previously limited to institutional investors. In this article, Pacific Funds portfolio managers discuss how investors and their advisors are increasingly searching for better ways to construct portfolios, and how they believe innovation should be a part of that exercise.
Shifting Gears: Defensive Driving through Divergent Economic Policies
In this article, Pacific Funds portfolio managers examine the engine driving the Fed’s stimulus to see how its operation affected broader market volatility and returns.