The reflective universe: Is today’s market a mirror image of 2013?

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Investors face the challenge of maintaining the bearings of their portfolios as the market appears to rotate away from the regions and sectors that led last year’s rally.
In this edition of Portfolio Perspectives, Global Head of Investment Strategy Hans Olsen discusses the prognosis for high-yield bonds, his outlook for volatility, and the best way to position a portfolio for a potentially more-turbulent end to the year.

Download the graphs referred to [PDF, 111KB]