2022 left investors scrambling to preserve capital and find alternative sources of return. Both equities and bonds across the globe suffered in the high inflation and rising interest rate environment. The S&P 500 Index ended the year at -18.1%, the MSCI EAFE Index ended at -14.5%, and the Bloomberg Aggregate Bond (US Agg) Index ended at -13.0%.
In a special St. Patrick’s Day-themed podcast, Matthias Scheiber, head of Global Portfolio Management, and Brian Jacobsen, senior investment strategist for Allspring’s Systematic Edge Multi-Asset team, discuss the risks, opportunities, and outlook for commodities.
The Federal Open Market Committee (FOMC) meets next week on Tuesday and Wednesday, March 21‒22. A week ago, investors were fretting over whether the FOMC might speed up its rate hikes. Now, some are saying the FOMC might cut rates. What’s changed in such a short time? Things are breaking, that’s what.
At Allspring, we’re committed to being purposefully divergent. With this approach, investment professionals across our platform have the freedom to voice their own views, and their perspectives enable us to more holistically “see” potential opportunities as well as risks.
As everyone who follows headlines probably knows, SVB Financial Corp. hit the top of the news cycle starting late last week when its bank division, Silicon Valley Bank, entered receivership with the FDIC.
The year was 2002. Armed with my college degree, zero direction, no LinkedIn, no one providing potential paths, and no desire to move back home, I did what every parent dreads: moved in with a boyfriend. I wanted my own money, so I got a job bartending and waitressing. During those six months of hard physical work, I realized a few things: The service industry consists of amazing people who work hard, function over form is best for shoes when you work on your feet, and I had a knack for chatting people up and selling.
Sallie Squire, chief operating officer of Allspring, is interviewed by Christine Collins and Tyndale Brickey, co-leads for the Women’s Allspring Connectivity Group on International Women’s Day. As an executive leader, Sallie talks with Christine and Tyndale about who and what propelled her career, as well as the importance of mentors, overcoming challenges, and influencing the next generation of women leaders.
Terry Goode, senior portfolio manager for the Allspring Municipal Fixed Income team, speaks with David Farace, portfolio specialist for the team, about Allspring’s view on today’s themes in the high yield municipal market and how to navigate the risks and opportunities in this space.
March is Women’s History Month, a time set aside to celebrate the contributions women have made in the name of gender equality. We’re going one step further by sharing insight and advice from five women who work at Allspring Global Investments, in an effort to help the next generation of women in finance.
James Gudger, CFA, CAIA, product specialist for the Systematic Edge team at Allspring, is joined by Harin de Silva, co-head of Systematic Research, as he discusses his observations of the markets year to date and the importance of sectors in the pursuit of building a defensive portfolio.