Finding value across credit markets and cycles
A nimble approach and systematic research is key to our fixed income decisions.
Investing Across Silos
Thornburg’s team brings holistic expertise across geographies, sectors and asset classes to the investment process. It is an iterative approach, where continual and open communication among portfolio managers and research is expected. This is how ideas evolve into investment theses and where validation begins to uncover investment truth. We employ a full complement of fundamental analysis and other proprietary research techniques to evaluate the individual investment. Each idea is debated from multiple viewpoints and where it sits in a complex and interconnected global market. A high-conviction position is a decision we make together.
Latest Insights
Global Credit
What Tight Credit Spreads Mean for Investors
Tight credit spreads and elevated valuations leave little room for error. Here's what fixed income investors should consider in today's market.
Markets & Economy
Looking Beyond the Leaders: A Perspective on Global Equities
Despite geopolitical uncertainty and market volatility, global equities continue to offer opportunities beyond the narrow group of stocks driving index returns.
Fixed Income
Don’t Wait for the All Clear
Elevated yields, shifting macro dynamics, and nuances in the credit market are making bonds worth a second look. For investors sitting in cash or money market instruments, now could be the time to put that money to work in fixed income.
Fixed Income
Navigating Tight Credit Spreads With a Defensive Income Mindset
Spreads are near historic lows, limiting compensation for risk. Learn why selectivity, quality, and flexibility matter in today’s credit environment.
Markets & Economy
A Disinflationary Paradox of High Oil Prices
A look at how sustained high oil prices act as a drag on demand, shifting inflation lower over time and echoing signals from an inverted yield curve.
Risk Management
When Geopolitics Drive Volatility: An Active Approach to the Iran Conflict
Geopolitical tensions have sparked market volatility, but historic parallels suggest a potential opportunity for active strategic positioning.