"Inflation is coming, but the market is premature. Commodity and food inflation will be high while wage inflation will remain tepid," says Thornburg Portfolio Manager Jeff Klingelhofer. He believes that we are a year away from a dial up of non-transitory inflation. Finally, he provides his outlook on U.S. jobs moving forward.
Thornburg is pleased to announce the addition of John Bonnell, CFA, as portfolio manager and managing director on Thornburg’s municipal bond team.
Thornburg is pleased to announce that Thornburg Limited Term Income Fund (“the Fund), Class I (ticker: THIIX), is a Refinitiv Lipper Fund Awards United States 2021 winner. The Fund is the best Short-Intermediate Investment-Grade Debt Fund over the ten-year period ending November 30, 2020 out of 32 funds, based on consistently strong risk-adjusted performance.
Thornburg is pleased to announce that Steven Klopukh, CFA, and Tim McCarthy, CFA, have joined the firm as portfolio managers and managing directors. Messrs. Klopukh and McCarthy oversee two small- and mid-cap (“SMID”) equity mutual funds and plan to introduce SMID managed account and model delivery capabilities.
Co-Heads of Investments Ben Kirby and Jeff Klingelhofer answer four key questions on the minds of investors for 2021.
"Deficits don't matter" may still be heresy among fiscal hawks. But unprecedented government debt spending amid ballooning central bank balance sheets and still-elusive inflation prompts fixed income PM Jeff Klingelhofer to examine the myths and assumptions around "modern monetary theory."
Electoral surprises spur stock and bond market turbulence, but sensibly diversified and balanced portfolios don't depend on political outcome.
If the Bank of Japan, Federal Reserve and European Central Bank are enticing investors to swing for the fences with low or negative rates, focusing on the fundamentals of individual stocks and bonds is key to a strong investment batting average.
The Fed should soberly assess the addictive effects of zero-bound benchmark rates and yield curve control. "Like financial heroin…you always need one additional hit."
Thornburg Portfolio Managers Jeff Klingelhofer and Lon Erickson spoke with the Wall Street Transcript about Limited Term Income and Strategic Income. The Q&A is in depth, covering lots of ground such as the funds' objectives; Jeff, Lon, and the team's strategy during the recent recession; and the long-term outcomes they aim to generate for clients.
Co-Head of Investments and Portfolio Manager Jeff Klingelhofer joins Bloomberg TV to talk about the coronavirus-driven market selloff, the importance of defensive portfolio positioning, and when we can expect a market bottom and turnaround.
Thornburg announced that Perpetual, a diversified financial services company serving Australians since 1886, has made a commitment to Thornburg's Multisector Opportunistic credit strategy.
Thornburg Investment Management announced that Ben Kirby and Jeff Klingelhofer each have been appointed to the newlycreated position of head of investments.
Morningstar's analysis of the Thornburg Limited Term Income Fund, based on five key pillars: Process, Performance, People, Parent, and Price.
Portfolio Manager Jeff Klingelhofer provides his take on the 25-basis-point rate cut by the Fed. While it creates volatility short-term, more important to consider are long-term implications for investors.
Thornburg Strategic Income Fund (I shares) was awarded Investor's Business Daily's Best Mutual Funds 2019 Award, among 515 U.S. Taxable Bond funds for 10-year average annual returns, ending December 31, 2018.
Thornburg is pleased to announce the launch of Thornburg Strategic Income Fund, a UCITS fund domiciled in Dublin, Ireland. This unconstrained bond fund invests in a wide variety of asset classes around the world with an emphasis on higher-yielding fixed income.
PM Jeff Klingelhofer tells Su Keenan of Bloomberg TV that the fourth quarter market pullback could be an opportunity to step back into the bond market.
Portfolio Manager Jeff Klingelhofer says a "long history of doing the right thing" is an important way to look at companies, but quarterly guidance can be helpful for active investors too, on CNBC Asia's "Squawk Box".
Investors are right to be optimistic about the global economy, but need to accept that volatility will be part of the ride, says Global Fixed Income Portfolio Manager Jeff Klingelhofer.
The firms first fixed income UCITS product, Limited Term Income Fund, is now available to overseas investors.