The Hunt for Yield: Risk-Free Return or Return-Free Risk?
Tuesday, May 2, 2017 / 9:30 am - 10:30 am
International Ballroom
   
   

Moderator
James Mackintosh, Senior Columnist, Markets, The Wall Street Journal

Speakers
Scott Evans, Deputy Comptroller, Asset Management, and Chief Investment Officer, New York City Retirement Systems
Robert Kricheff, Portfolio Manager and Global High Yield Strategist, Shenkman Capital
AJ Murphy, Head of Global Capital Markets, Bank of America Merrill Lynch
Anne Walsh, Assistant Chief Investment Officer, Fixed Income, Guggenheim Partners
Andrew Whittaker, Vice Chairman, Jefferies; Vice Chairman, Leucadia National Corp.

Almost a decade after the global financial crisis, unprecedented intervention in financial markets by monetary authorities has had a deeply depressing effect on yields. As we approach the latter stages of the economic cycle, it appears unlikely that rates will have a major push higher but conversely, the days of "lower for longer" are behind us. Where does this leave investors in their search for income? This session will examine where investors are seeking returns and minimizing risks across the full spectrum of investment products. Potential questions:

  • How is the entrance of mutual funds and corporate treasuries reshaping illiquid markets?
  • How should investors prepare for rising yields?
  • Is now a time to protect principal or seek higher yields?