Pimco Podcasts
Throughout 2011/12 Equity Trustees and PIMCO are hosting a series of Adviser update teleconferences.
These teleconferences have been accredited by the FPA and you have the opportunity to listen to the archived recordings to earn CPD points.
Rising Interest Rates
In this podcast, Robert Mead - Managing Director, Head of Portfolio Management in Australia and Head of Asia-Pacific Credit Portfolio Management explores the following:
- Direction of sovereign yields
- The opportunity in global and domestic credit markets
- Active management strategies in rising yield environment
Australian Markets in 2012 and its Outlook for Returns
In this podcast, Adam Bowe - Senior Vice President and Portfolio Manager and
Tracy Chin - Senior Vice President and Credit Analyst for Asia Pacific explores the following:
- PIMCO interest rate outlook
- Fiscal policy discussion
- Australian property outlook
- Consequences of slowing emerging markets - China
- And investment implications
- Impact of covered bonds within the Australian market
- Fixed income vs. Australian hybrid issuance and term deposits
- Domestic credit opportunities
- And investment implications
Outlook and Investing in 2012
In this podcast, David Fisher - Executive Vice President and Head of Global Product Management from PIMCO, Newport Beach office explores the following:
- 2012 outlook - are we looking at 2011 redux?
- Will emerging markets growth continue to outpace developed markets?
- How will Europe address its mountain of debt?
- The impact of continuing US debt ceiling impasse on global markets in 2012
- How will PIMCO preserve wealth in such a difficult environment?
Generating Income and Managing Risk
In this podcast, portfolio manager and head of portfolio management for PIMCO’s New York office, Curtis Mewbourne, explores the following:
- Emerging market (EM) economies continue to expand at a much faster pace than developed market (DM) countries are growing. Investors should consider broadening their fixed income opportunity set to include assets that can potentially benefit as EM economies grow faster and as DM economies continue to deleverage.
- Confronting a low interest rate environment can be a challenge for income-oriented investors.
- Stretching for yield carries risks that could be materialised down the road. Therefore the portfolio management requires a broad-ranging and dynamic approach.
- Generating income and managing risk: the tradeoff between higher yields and increased volatility
- While people tend to focus solely on the absolute level of income returns, income investors should also consider potential downside risk and be willing to sacrifice some level of return in exchange for less risk.
- PIMCO advocates a prudent risk management approach that focuses on high-quality holdings. This is different from managers who combine low and high quality holdings to create an acceptable ‘average’ credit quality.
Global and Domestic Credit Market Update
In this audio podcast, PIMCO examines:
- PIMCO's recent cyclical outlook
- Global and domestic credit markets outlooks
- Opportunities and risks within credit investing
- Bottom-up credit investment
- Credit spreads into 2011
Emerging Markets
In this audio podcast, PIMCO examines:
- Current trends of the asset class
- Emerging Market's 'defensive' properties
- How to position Emerging Market debt in a portfolio context
Outlook for Global Fixed Income Markets
David Fisher - Head of Global Product Management at PIMCO
In this audio podcast, PIMCO examines:
- Which countries present most risk and how to avoid them
- Where solid opportunities still exist and how to capture them
- Will low interest rates in developed countries lead to ongoing lower returns from global bonds?
- Are the emerging markets an attractive place for global bond investors?
For any queries regarding the podcast or earning CPD points, please contact Sarah Carter on 03 8623 5306 or email scarter@eqt.com.au.