Chart of the Week
Real Estate: Industrial is the new retail
The chart shows, as of March 31, 2020, the one-, three- and five-year annualized total returns of the industrial, office, apartment and retail sectors within the NCREIF Fund Index - Open End Diversified Core Equity (NFI-ODCE).
Mid Week Bond Update
High-Yield Bonds: The Fallen Angels Paradox
Credit downgrades could boost potential returns, if managed with care.
Monthly highlights across global assets
Markets and Macro June 2020
Risk appetite improved over June as investors cheered the gradual re-opening of global economies. However, the on-going pandemic continues to weigh.
* Morningstar Award 2020©. Copyright 2020 Morningstar, Inc. All rights reserved. Awarded to Legg Mason Western Asset Asian Opportunities Fund (Class A USD Acc) for Category Winner, Best Asia Bond Fund, Hong Kong.