Market & Economic Commentary

Heat Check: Investors Rethink Market Leadership
November 2018
Recent market volatility can be attributed to several factors but we believe the economic prospects remain positive.
Fed Stays the Course Despite “Red October”
November 2018
The portfolio managers of Pacific FundsSM Fixed-Income Funds share their perspectives on the most recent Federal Open Market Committee meeting.
Still Accommodative, or Not?
September 2018
The portfolio managers of Pacific FundsSM Fixed-Income Funds share their perspectives on the most recent Federal Open Market Committee meeting and discuss the market’s initial response.
2018 Perspectives Mid-Year Outlook: Tailwinds, Headwinds, and Investment Implications
Given an improving global growth story and rising asset prices, what do we expect for the remainder of 2018? In this outlook, Pacific Funds investment managers discuss insights, themes, and trends that may shape the market for the rest of the year.
Two Down, Two to Go
June 2018
The portfolio managers of Pacific FundsSM Fixed-Income Funds share their perspectives on the most recent Federal Open Market Committee meeting and discuss the market’s initial response.
Staying the Course: Rothschild’s Investment Methodology
June 2018
Pacific FundsSM portfolio managers discuss how they were able to “stay the course” during the market volatility in early 2018.
Inflation Moves Closer to a “Symmetric” Target
May 2018
The portfolio managers of Pacific FundsSM Fixed-Income Funds share their perspectives on the most recent Federal Open Market Committee meeting and discuss the market’s initial response.
Loans or Bonds?
With current yields for high-yield bonds and floating-rate loans nearly equal, investors give up little income potential to move higher in the capital structure with loans, which helps reduce downside risk and volatility in their portfolio.
Too Early to Tell? The Market Reacts to China, Tariffs, and Trade
March 2018
The portfolio managers of Pacific FundsSM Fixed-Income Funds share their perspectives on the most recent Federal Open Market Committee meeting and discuss the market’s initial response.
Markets Keep Calm as The Fed Hikes On
March 2018
The portfolio managers of Pacific FundsSM Fixed-Income Funds share their perspectives on the most recent Federal Open Market Committee meeting and discuss the market’s initial response.
Bricks and Clicks: The Changing Nature of Retail
February 2018
In recent years, the retail industry has experienced major shake-ups, including the increasing popularity of e-commerce. But the rise in e-commerce has not impacted all retail sectors equally. To understand the implications of this shift, we interviewed the portfolio managers of Rothschild Asset Management Inc., subadvisor for Pacific Funds℠ U.S. Equity Funds.
Understanding Recent Market Volatility
February 2018
Amid volatile and unpredictable markets, Pacific Funds portfolio managers address what happened, what it means, and positioning.
Passing the Torch
January 2018
The portfolio managers of Pacific FundsSM Fixed-Income Funds share their perspectives on the most recent Federal Open Market Committee meeting and discuss the market’s initial response.
Yellen’s Final Act
December 2017
The portfolio managers of Pacific FundsSM Fixed-Income Funds share their perspectives on the most recent Federal Open Market Committee meeting and discuss the market’s initial response.
Fed Succession Planning Trumps Meeting
November 2017
The portfolio managers of Pacific FundsSM Fixed-Income Funds share their perspectives on the most recent Federal Open Market Committee meeting, discuss the market’s initial response, and provide potential investment implications.
Time to Unwind
September 2017
The portfolio managers of Pacific FundsSM Fixed-Income Funds share their perspectives on the most recent Federal Open Market Committee meeting, discuss the market’s initial response, and provide potential investment implications.
No Change and Little Change
July 2017
The portfolio managers of Pacific FundsSM Fixed-Income Funds share their perspective on the most recent Federal Open Market Committee meeting, discuss the market’s initial response, and provide potential investment implications.
Fed Hikes… with an Inflation Hedge
July 2017
The portfolio managers of Pacific FundsSM Fixed-Income Funds share their perspective on the most recent Federal Open Market Committee meeting, discuss the market’s initial response, and provide potential investment implications.
No Reason to Beware the “Ides of March”
March 2017
The portfolio managers of Pacific FundsSM Fixed-Income Funds share their perspective on the most recent Federal Open Market Committee meeting, discuss the market’s initial response, and provide potential investment implications.
Down to Business: Outlook for Stocks in Trump’s First 100 Days
February 2017
President Trump's campaign promises may have important implications for the economy and the stock market.
Pacific Funds℠ Evaluates Federal Open Market Committee Comments
December 2016
Pacific Funds℠ portfolio managers discuss key points from the press release and projection materials distributed following the December 2016 meeting of the Federal Open Market Committee.
America Voted. Now What?
November 2016
What are the potential investment implications of the Trump victory? Are we in for a rocky road or a soft landing?
Pacific Funds℠ Evaluates Federal Open Market Committee Comments
November 2016
Pacific Funds portfolio managers discuss key points from the Federal Reserve Board’s Federal Open Market Committee November 2016 press release.
Pacific Funds℠ Evaluates Federal Open Market Committee Comments
September 2016
The Federal Reserve concluded its September meeting of the Federal Open Market Committee. It released updated economic forecasts and left the federal funds target rate unchanged, which increases the case for a rate hike in December. Pacific Funds℠ portfolio managers discuss key points from a fixed income, multi-asset, and equity perspective, as well as potential implications for the remainder of 2016.
The Labor of LIBOR
September 2016
Since mid-June, the three-month London Interbank Offered Rate (LIBOR), the benchmark interest rate that banks charge each other for loans, has increased by approximately 20 basis points despite an unchanged federal funds rate in the United States. It is important for investors to look at what LIBOR is and is not telling you.
Pacific Funds Evaluates Federal Open Market Committee Comments
August 2016
The Federal Reserve took a hawkish turn when it released the July statement from the Federal Open Market Committee. Pacific FundsSM portfolio managers discuss key points and potential implications through the remainder of 2016.
Brexit Impact and Investment Implications
June 2016
The Brexit decision will have profound longer-term consequences for the U.K., Eurozone, and beyond.
Selective Corporate Credits: Ticker.com Interviews Brian M. Robertson
When it comes to strategic income, investors tend to seek a balance between well-researched selectivity and diversification. In this recent Ticker.com article, Brian Robertson of Pacific Asset Management discusses his team’s process for constructing a diversified portfolio.