MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, June 17, 2013 Protect Against interest Rates With Active Management, Says Janus Exec at M* Conference The only way to protect against rising interest rates' effect on fixed income portfolios is with active management, said Gibson Smith, CEO of fixed income at Janus Capital Management [profile] at Morningstar's Investment Conference. Smith says only active managers can shorten durations in a portfolio to stop an interest rate hike, which would really shirt a bond portfolio, reported Fund Industry Intelligence. Allocating to high-yield bonds or bank loans won't cut it because those investment vehicles wouldn't provide complete coverage if interest rates go up. Printed from: MFWire.com/story.asp?s=44329 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |