Bonds, Down but Not Out 2022 | Pensions & Investments | 14 September 2022 | Webinar

The Fed’s aggressive attempts to combat historically high levels of inflation have wreaked havoc on asset allocations in 2022. Bonds have experienced their worst performance in modern history at the same time that stocks have seen a significant correction from their post pandemic highs. Has the paradigm for fixed income investing permanently shifted or is this just a temporary phenomenon?

T. Rowe Price’s Chris Brown and Anna Dreyer, co-portfolio managers of the US Total Return Bond strategy, explore why now may be the wrong time to abandon fixed income but the right time to rethink how your portfolio is constructed. They will share their views on the evolving market environment and their insights on innovative portfolio construction, including:
• Why the historical negative correlation between stocks and bonds should reemerge as the Fed’s focus shifts from inflation to growth.
• Why the fixed income markets, including the representative benchmarks, remain rife with inefficiencies that can be exploited through thoughtful active management.
• How investors can generate alpha from a portfolio construction approach that broadens the opportunity set, emphasizes more efficient bond sectors, and incorporates high-conviction security selection.

2022 Speakers

Christopher Brown, CFA
Portfolio Manager and Head of Securitized Products, T. Rowe Price

Anna Dreyer, CFA, Ph.D.
Portfolio Manager and Head of Fixed Income Risk & Portfolio Construction Research, T. Rowe Price

MODERATOR:

Jeff DeVack, CFA
Portfolio Specialist, T. Rowe Price

2022 Sponsors

• T. RowePrice