Skip to main content.

Market Insights

Filter By:
All
Alternative
Asset Allocation / Balanced
Equity
Fixed Income
International / Global
z - Cover Image: James Keegan and Perry Troisi featured in WealthManagement, “Credit Binge May Produce Quite a Hangover”
James Keegan and Perry Troisi featured in WealthManagement: “Credit Binge May Produce Quite a Hangover”

James F. Keegan is chief investment officer and chairman of Seix Investment Advisors. Perry Troisi is a managing director and senior portfolio manager at Seix. In WealthManagement’s Fixed Income Outlook 2020 (November 2019 edition), the two provide their views on the current credit binge that has led to a considerable deterioration in the overall quality of the investment grade corporate bond universe.

Read Article
z - Cover Image: Activate Your Fixed Income
Activate Your Fixed Income

Amid growing uncertainty, investors have shown greater interest in bond funds but must contend with a variety of risks as central banks around the world continue to implement unprecedented negative rate policies and the Federal Reserve remains accommodative. Here’s a guide to why active management matters.

Read Article
Accent Image - Microscope
Medicine, Politics, and Investing: Tensions Abound

More than immigration or the economy, healthcare is poised to be a central political fault line in next year’s presidential election. And, with the sector representing about 13 per cent of the S&P 500® benchmark stock index, as of July 31, the political situation will be keenly watched by investors.

Read Article
z - Cover Image: WealthManagement - Bank Loans-More than a Rate Hedge by Frank Ossino, Newfleet
Frank Ossino Featured in WealthManagement, “Bank Loans – More than a Rate Hedge”

Frank Ossino is a senior portfolio manager and sector head of the bank loan asset class at Newfleet Asset Management. In WealthManagement’s Fixed Income Outlook 2020 (November 2019 edition), Frank provides his view on why the bank loan market is an income asset class, not solely an interest rate hedging tool.

Read Article
Accent Image_Skyscrapers
Emerging Markets for the Long Haul: The Small-Cap Opportunity

When it comes to investing in emerging market equities, long-term investors know that volatility is the norm, and that the asset class—particularly the small-cap segment— can be a long-term winner and an important component of a well-diversified portfolio, thanks to improving fundamentals and the potential for outperformance.

Read White Paper
z - Cover Image: 2019 3Q Vital Signs: What a Difference a Decade Makes
2019 Q3 Vital Signs: What a Difference a Decade Makes

Ten years may sound like “long term” investing, unless you’re talking about the 10 years ended September 30, 2019. Without the bear market of 2008-09 in your time frame, the view becomes incredibly rosy. A 20-year lookback provides much-needed perspective.

Read Article
Marbles - 440x440
Mid-Caps: At the Center of Attention

Explore the key attributes of mid-cap investing and the opportunities offered to investors, and use our interactive tool to see how an allocation to mid-caps may improve an equity portfolio’s performance and mitigate risk over time.

Read Paper
z - Cover Image: Why \
Why “Home Bias” is Shortsighted

In today’s global economy, thriving companies aren’t bound by geography—not in where they are headquartered, nor in where they derive their income. Vontobel Asset Management discusses why investing beyond one’s own borders may benefit performance over the longer run. Also includes a brief discussion of the Virtus Vontobel Global Opportunities Fund.

Read Article
Accent_David Souccar Vontobel
Vontobel Portfolio Manager Interview: A Discussion on International Equities and Emerging Markets

David Souccar talks about the limitations of monetary policy, equity market valuations, and how to think about emerging markets in light of macro risks.

Listen Now
Accent_Jin Zhang Vontobel Podcast
Vontobel Portfolio Manager Interview: A Discussion on Emerging Markets

Jin Zhang provides insights on what to expect in India and China, trade redirections to Southeast Asia, and opportunities in Latin America.

Listen Now
Accent_Ramiz Chalet Vontobel Podcast
Vontobel Portfolio Manager Interview: A Discussion on Global Equities

Ramiz Chelat discusses the China slowdown, the impact of the trade war, the industrials and health care sectors, and growth vs value investing.

Listen Now
Accent Image_A Strong Case for Active Management
Preferred Stocks: A Strong Case for Active Management

A structurally flawed benchmark index has proven a fertile ground for active managers.

Read Article
Accent - Treasury
Understanding Modern Monetary Theory

Amid concerns about rising debt, lower growth, declining rates, and easier money, an obscure and heterodox branch of economic theory is gaining traction. Here’s a guide to what investors should know.

Read Article
Accent Image_Field of Yields
Field of Yields: Harvest Tips for Income Investors

With rising corporate debt, increasing leverage, declining rates, and a slowing economy, where do risk-averse investors turn for income? Virtus investment professionals weigh the options.

Read Article
Image_Accent_Engine
How Much “Insurance” Does Latest Rate Cut Buy?

After the FOMC cut rates, Fed Chair Powell said nope to NIRP (negative interest rate policy). But a return to ZIRP (zero interest rate policy) and more QE/forward guidance seem inevitable.

Read Article
Bridge - Narrowing View - ACCENT
An Update on LIBOR

Newfleet Asset Management’s current view regarding the discontinuation of LIBOR, which is scheduled to happen at the end of 2021, and its potential impact on the loan market.

Read Article
Image_Chart_Yield Curve Inverting
Implications of the Yield Curve Inversion

The ten-year U.S. Treasury note yield recently fell below that of the two-year note for the first time since 2007. Should the yield curve stay inverted for an extended period, it is clearly a negative development for economic growth. Kayne Anderson Rudnick (KAR) believes the yield curve tends to be a more accurate forecasting tool than many economists or Wall Street strategists, and should prompt the Fed to extend rate cuts.

Read Article
Accent Image_Investing Negative Interest Rate World
Investment Tips on a Subzero Yield Environment

Virtual Virtus roundtable on investment and economic implications of negative interest rates.

Read Article
Accent - Barron's Reprint - Wordell - Ceredex
Featured in Barron’s: Finding Stocks Ready to Take Flight

“It’s dividends, valuation, and fundamentals.” Don Wordell, portfolio manager at Virtus affiliate Ceredex Value Advisors, discusses the investment process behind the Virtus Ceredex Mid-Cap Value Equity Fund, which he has managed since 2001.

Read Article
z - Cover Image: Vital Signs 2Q19: Running in Place
2019 Q2 Vital Signs: Running in Place

Staying invested whether the markets are trending up, down, or staying flat is easier said than done. A diversified portfolio of managers who seek to deliver a smoother ride may help keep you from getting exercised about market gyrations.

Read Article
Accent Image_Newfleet Bank Loan Income
More Than A Rate Hedge – The Overlooked Return Potential of Bank Loans in a Yield Starved Environment

Newfleet Asset Management provides perspective on why the loan market should be viewed as an income asset class, not solely an interest rate hedging tool.

Read Article
A Different Way Home - The Search for Growth
A Different Way Home

The search for attractive long-term growth is an evergreen quest for all investors. Finding that growth while also trying to avoid sharp market losses is an even more challenging task.

Read More
Accent Image_Fed Outmaneuvers
Trump Outmaneuvers Fed Via Trade Policy

Amid strong/persistent headwinds, Seix Investment Advisors explore the implications of the Fed’s reflexive responses to massive sell-offs and escalating trade tensions, as policy seems fixated on ever rising asset values.

Read Article
Accent_Seix Senior Loan ETFs
Senior Loan ETFs: The Strong Case for Active Management

Active managers of senior loans with long-term records of strong risk-adjusted returns have the potential to weather diverse market conditions, particularly in the later stages of the business cycle.

Read Article
NY Times Zevenberger - Accent
Virtus Zevenbergen Innovative Growth Stock Fund Featured in New York Times

In this New York Times article, portfolio manager Nancy Zevenbergen shares insights on her team’s strategy and some of their favorite long-term holdings of the Virtus Zevenbergen Innovative Growth Stock Fund. The Fund invests in well-run, high-growth companies across market caps, but small-caps were big contributors to the Fund’s first quarter performance.

Read Article
Image - Duff & Phelps Symbol-No Text
MLPs and Energy Infrastructure: Q1 Market Review & Outlook

Duff & Phelps’ MLP investment team’s quarterly update on the MLP and energy infrastructure sector includes a recap of first quarter performance, market events, and thoughts on the opportunities ahead.

Read Article
Accent Image: China_Hurdles to Stimulus
China: Hurdles to Stimulus- Economy to Slow Further

Seix Investment Advisors discusses China’s ability to deliver solid economic growth in the coming months in order to prevent a further global slowdown in 2019 and beyond.

Read Article
z - Cover Image: Vital Signs: The Indexing Sugar Rush
2019 Q1 Vital Signs: The Indexing Sugar Rush

We’ve recently experienced a market in which the rising tide of global central bank easing has lifted virtually all boats. With everything going up regardless of price or quality, has diversification through active management lost its sheen? The rolling returns for the S&P 500 Index provide a crystal-clear illustration of the reality of market cycles.

Read Article
Image_Newfleet Fed Pivot
Fed Pivot Creates Favorable Technical for Flexible Credit Managers

The Fed’s pivot toward a more accommodative policy has driven a shift in both issuer and investor preferences, as evidenced by recent supply data and fund flows. This shift has created dislocations within the capital structure, allowing managers with flexible mandates to take advantage of relative value opportunities.

Read Article
Image_Why Consider Active vs Passive Management in High Yield_Accent
Why Consider Active versus Passive Management in High Yield

The benefits of active versus passive management has been a longstanding question in asset management. The debate has gained momentum in recent years as only a few managers in certain asset classes have been able to outperform index-replicating strategies on a net basis.

Read Article
Image_Bank Loans Accent
Leveraged Loans: Rates Not Rising? Don't Let That Sway You

Despite significant outflows in recent months, bank loans is still one of the best risk-adjusted asset classes since 1992.

Read Article
z - Cover Image: Managed Accounts as a Retirement Plan Solution
Managed Accounts as a Retirement Plan Solution

Plan sponsors have a wide variety of investment solutions available to them in today’s retirement plan marketplace. This paper provides a framework for evaluating the potential benefits of including managed accounts as a complementary plan solution alongside participant-directed investments and target date funds.

PDF
Morningstar Minute - Thumb
Morningstar Bronze Rating: Virtus Seix Floating Rate High Income Fund

“A well-executed, thorough process and cheap fees make Virtus Seix Floating Rate High Income a solid option among bank-loan funds.” – Kenneth Oshodi, Morningstar Manager Research Analyst

Watch Video
Image - Duff & Phelps Symbol-No Text
Q4 MLP and Energy Infrastructure Market Review & Outlook

Plunging oil prices combined with a global market sell-off sent the midstream energy sector down over 17% in the fourth quarter of 2018 (as measured by the Alerian MLP Index), putting stocks dangerously close to their 2016 lows. Duff & Phelps’ Infrastructure Team assesses the events of the quarter and offers perspective on what’s ahead for 2019.

Read Article
z - Cover Image: Vontobel Manager Perspectives: ESG in Emerging Markets: More than Meets the Eye
Vontobel Manager Perspectives - ESG in Emerging Markets: More than Meets the Eye

In this Manager Q&A from Vontobel Asset Management, Sudhir Roc-Sennett, Senior Portfolio Adviser to the Emerging Markets Equity Strategy, discusses the firm’s philosophy and approach to environmental, social and governance (ESG) investing specific to emerging markets.

Read Article
z - Cover Image: Vontobel Viewpoints: Retail: Can Brick and Mortar Deliver for the Right Franchise?
Vontobel Viewpoints - Retail: Can Brick and Mortar Deliver for the Right Franchise?

In this age of digital disruption, the retail space is littered with companies that have fallen by the wayside. This paper from Vontobel Asset Management discusses how brick and mortar franchises can continue to prosper so long as they can generate incremental growth from e-commerce and adapt to a changing landscape.

Read Article
z - Cover Image: 4Q 2018 Vital Signs: The End of an Era: 2018 in Perspective
2018 Q4 Vital Signs: End of an Era - 2018 in Perspective

2018 marked the first down year for the U.S. equity market since 2008. The 2009-2017 stretch ties as the longest annual winning streak in market history. Until the fourth quarter, markets were buoyant, but political instability at home and abroad, rising interest rates, and a potential growth slowdown rattled global markets. Other than cash, all asset classes ranged between flat and down.

Read Article
z - Cover Image: Global Listed Real Estate Review and Outlook
Global Listed Real Estate: 2018 Review & 2019 Outlook

Cash flow and dividend growth remain positive drivers for global listed real estate, while the impact of monetary and fiscal policies remains uncertain. The Duff & Phelps Global Real Estate Investment Team takes a look at how the asset class performed in 2018 and shares their expectations for the year ahead.

Read Article
John Creswell - TD Ameritrade Morning Trade Live - Dec 2018
TD Ameritrade’s “Morning Trade Live” - John Creswell on Global Infrastructure Investing

View Duff & Phelps Executive Managing Director John Creswell’s 10-minute TDAmeritrade interview on global infrastructure investing and learn about Virtus Duff & Phelps Global Infrastructure Fund.

View
z - Cover Image: Newfleet 2019 Fixed Income Market Outlook
Newfleet - 2019 Fixed Income Market Outlooks

Newfleet presents its 2019 broad fixed income market outlook and specific outlooks for Bank Loans and High Yield. Team members discuss opportunities and areas of concern across the various sectors in which Newfleet invests.

Read Outlooks
z - Cover Image: Leveraged Loans and High Yield Bonds: Hedging Inflation in Retirement Plans
Leveraged Loans and High Yield Bonds: Hedging Inflation in Retirement Plans

With inflation a growing concern, retirement investors may wish to consider an allocation to non-traditional inflation hedges like high yield bonds and leveraged loans which offer little to lower duration risk, respectively, and a low correlation to investment grade bonds, as well as other benefits.

PDF
Panel with Microphones - Hero
3Q18 CIO Insights – Panel Discussion [Audio Replay]

Chief Investment Officers at Virtus affiliate investment managers—Doug Foreman (Kayne Anderson Rudnick Investment Management), Jim Keegan (Seix Investment Advisors), and Nathan Partain (Duff & Phelps Investment Management)—discuss market volatility, Fed policy, inflationary pressures, corporate earnings and revenues, the yield curve, and other timely and topical issues.

Listen Now
Image - Duff & Phelps Symbol-No Text
Q3 Energy and MLPs Market Review & Outlook

Momentum from the second quarter continued into the third quarter for the energy space, as North American energy infrastructure stocks rallied hard in July and the first half of August, jumping 12.65% (as measured by the Alerian MLP Index).

Read Article
z - Cover Image: The Wall Street Transcript – Providing Stable Risk-Adjusted Income Through a Leveraged Finance ETF
Newfleet’s Frank Ossino Featured in The Wall Street Transcript

Frank Ossino discusses potential benefits of the Virtus Newfleet Dynamic Credit ETF’s active approach and broad opportunity set.

Read Article
z - Cover Image: The Case for Bank Loans Remains Strong
The Case for Bank Loans Remains Strong

Featured in Wealth Management’s 2018 Midyear Outlook edition, Frank Ossino discusses Newfleet’s outlook and investment thesis for bank loans at the midyear point.

Read Article
Vontobel Viewpoints: Trading in China A-Shares
Vontobel Viewpoints: Trading in China A-Shares

China continues to open its market to foreign investors. The recent addition of 236 large-cap China A-shares to the MSCI Emerging Markets Index, among other MSCI indices, will lead to a significant increase in first-time overseas investors entering the Chinese A-share market. Vontobel Asset Management outlines how investors are able to get exposure to this opportunity.

Read Article
Hero - Panel
2Q18 Market Insights - Live Panel Discussion [Audio Replay]

Industry leaders from select Virtus investment partners discuss their economic and market insights.

Listen Now
Image - Duff & Phelps Symbol-No Text
Energy and MLPs Mid-Year Market Review & Outlook

Duff & Phelps’ MLP investment team offers mid-year insights on the energy sector, including updates on global demand, recent MLP restructurings, midstream index changes, and pipeline approvals.

Read Article
z - Cover Image: Vontobel Viewpoints: Brazil
Vontobel Viewpoints: Brazil – The Moment of Truth

Brazil has sold off as the market fears the country is in trouble. If the huge pension program is not reformed, it will add expense to a budget already in deficit. On top of this, there will be a new president elected in October. In Vontobel’s view, whichever government wins, it will have little choice but to reform.

Read Article
Image - Duff & Phelps Symbol-No Text
Global Listed Infrastructure Q&A with Duff & Phelps

In April and May 2018, members of Duff & Phelps’ Global Listed Infrastructure team traveled to Australia, New Zealand and Europe for investment research trips. Senior portfolio manager Connie Luecke, CFA, shares insights gleaned from site visits and meetings with management.

Read Article
z - Cover Image: Vontobel Viewpoints - Consumer Staples: Orphans or Heroes?
Vontobel Viewpoints - Consumer Staples: Orphans or Heroes?

Even when investors shun consumer staples companies and their stock prices underperform the market, Vontobel Asset Management is content to maintain meaningful positions in a select few quality staples stocks that fit their requirements. Their latest positioning paper explains why.

Read Article
z - Cover Image: Vontobel Viewpoints: EM Currencies Take A Knock
Turning the Corner: Emerging Market Currencies Take A Knock

Since the end of the first quarter, the outlook for higher U.S. interest rates has been accompanied by a major sell-off in a number of EM currencies. Vontobel has not seen FX declines of this magnitude since the taper tantrum of 2013.

Read Paper
Image - Duff & Phelps Symbol-No Text
REITs: The bid is back!

The Duff & Phelps Global Real Estate Investment Team comment on the positive pickup in deal activity in the industrial REIT space over the past month.

Read Story
Focus on: Global Opportunities in Real Estate

A Q&A with the portfolio managers of the Virtus Global Real Estate Securities Fund

Read Story
David Albrycht on CNBC's Closing Bell, March 13, 2018
Dave Albrycht on CNBC's Closing Bell

Dave Albrycht, President and Chief Investment Officer of Newfleet Asset Management, discusses his outlook for interest rates and portfolio positioning for rising rate environments.

Watch Video
z - Cover Image: Vontobel Viewpoints: Secular Growth Opportunities in the Global Payments Industry
Vontobel Viewpoints: Secular Growth Opportunities in the Global Payments Industry

The $1 trillion+ global payments industry represents tremendous secular growth opportunities. This research paper discusses how networks such as Visa and Mastercard have powerful competitive positions and represent durable franchises with the potential to reward their shareholders for many years. Also touches on: e-commerce opportunities, Asia’s competitive landscape, the regulatory environment, and the impact of cryptocurrencies.

Read Story
z - Cover Image: Vontobel Viewpoints: Less Taxing Times
Vontobel Viewpoints - Less Taxing Times

Vontobel Asset Management examines the effects of the Tax Cuts and Jobs Act of 2017 on U.S. corporations on a general level and specific to the high quality companies in which the firm invests.

Read Story
z - Cover Image: Seix Potential Impact of the Tax Cuts and Jobs Act on the Muni Market 2018
Potential Impact of the Tax Cuts and Jobs Act on the Municipal Market 2018

Seix Investment Advisors’ municipal bond team examines potential implications of the tax reform bill.

Read Story
z - Cover Image: Seix - Pension Crisis - January 2018
Pension Crisis

Featured in Wealth Management’s 2018 Year-End Outlook edition, Seix examines unfunded pension liabilities, a key credit concern across municipal markets, and cautions muni investors to take notice.

Read Story
z - Cover Image: Trends in Global Investing - Pensions & Investments - Vontobel
Trends in Global Investing

What keeps asset managers up at night? Where do pockets of value exist today? Sudhir Roc-Sennett, Senior Portfolio Adviser at Vontobel Asset Management, helps to answer these questions and more in Trends in Global Investing, a supplement featured in Pensions & Investments.

Read Article
z - Cover Image: DPIM Market Review & Outlook
Virtus Viewpoints | Duff & Phelps Market Review & Outlook - Focus on Global Growth

Despite natural disasters, rising tensions with North Korea, dysfunction in Washington, and continued acts of global terrorism, global equity markets continued their steady upward movement in the third quarter, with the S&P 500® Index up 4.5%, the Europe STOXX® 600 Index up 2.8%, the Nikkei 225 Index up 2.2%, and the Hang Seng Index up 7.4%. For the S&P 500, it was the eighth straight quarterly advance.

Read Story