FPA New Income's Tom Atteberry on Central Bank policy, the downside of debt, and the dearth of 'best ideas.'
The growth story is intact for emerging markets, but it won't unfold overnight, says Seafarer Capital Partners CIO Andrew Foster.
Henry P. Davis, managing director at Arden Asset Management, discusses misconceptions of alternatives, the rise of alternatives through mutual funds, challenges to today's climate, and more.
The GMO co-founder's skepticism on U.S. equities doesn't mean he has a negative view of opportunities elsewhere.
Dan Fuss and Michael Hasenstab have independent streaks that lead them to unconventional and profitable opportunities.
Many high-yield bonds are relatively sound right now, but a larger sovereign crisis could lead to a global flight from risk or a market liquidity freeze, according to BlackRock's James Keenan.
The economy is not robust enough, nor are yields high enough, to protect high-yield investors against certain shocks, which is why Eaton Vance's Mike Weilheimer is looking at better-quality bonds.
AQR's Michael Mendelson touts the advantages of commodities and leverage as they tend to provide a greater reward in his fund for the same level of risk as in traditional portfolios.
As sovereign borrowing costs decline, corporate issuers have gained access to foreign debt markets that was previously unobtainable, says T. Rowe Price's Michael Conelius.
Developing economies have enormous growth potential, but cyclical-business exposure and tough external conditions are reasons to tread carefully in these markets, says Oppenheimer's Justin Leverenz.
Royce's Charlie Dreifus notes that investors will likely continue seeking out stocks that look like growth bonds, and large caps are where they might have better luck.
It is difficult to determine when investors will shed fears and the recovery will be full, according to Ariel's Ken Kuhrt, but consumer-focused names are finding the power alley right now.
Rainier's Mark Dawson discusses the bonuses of mid-cap securities as well as opportunities to look for in this sector in 2012.
JP Morgan's Bill Eigen warns of the overlooked rate-related risks in the bond markets and how the Fed might increase rates sooner than expected.
American Century's Alan Kruss says that states have revenue-generating resources to help them overcome ratings downgrades and other negative pressures.
Janus' Gibson Smith says fundamental credit metrics will likely continue to improve, but external factors will inevitably swing market sentiment throughout the year.
Fairholme's Bruce Berkowitz says difficulties of recent years are clouding the progress many companies are now making.
Morningstar Fixed-Income Manager of the Year winner John Carlson of Fidelity sees more emerging-markets output remaining within such markets over the long term.
BlackRock's Rick Rieder touches on what still has yet to be resolved in the eurozone and where he's investing in sovereign risk.
Oakmark's David Herro encourages investors to not be paralyzed by the excessive distractions found in Asia and Europe, pointing out there's still value to be had.
Companies with below-investment-grade debt are in better financial shape than the credit markets and negative headlines suggest, says Allianz's Doug Forsyth.
Sequoia's Robert Goldfarb and David Poppe are seeking a firm with as much earnings potential at a low price as Buffett's company 20 years ago, but they note the outcome is unlikely.
Pioneer's Ken Taubes says that large-cap value stocks continue to be one of the most compelling areas of investment in today's market.
Osterweis' Carl Kaufman says Treasury bonds have limited upside potential and significant downside risks, and conditions are more favorable for corporate-debt investments.
Matthews Asia's Sharat Shroff emphasizes that despite recent setbacks, Asian countries, on the strength of household incomes, will continue to grow at a faster rate than the rest of the world.
Diamond Hill's Chris Welch addresses how keeping past holdings in mind allowed his team to repurchase these stocks at bargain prices in recent quarters.
TCW's Craig Blum says sentiment will swing between risk-on and risk-off trading patterns, keeping markets range-bound in the new year.
A handful of firms are taking advantage of European volatility and improving their businesses, says Evermore's David Marcus.
BlackRock's Richard Turnill notes that it's important for investors to remember that a European stock is not the same as the European economy.
Just because rates seemingly cannot go much lower does not mean they have to go up soon, say Westcore's Mark McKissick and Lisa Snyder.
Intrepid's Jayme Wiggins discusses how keeping a cash hoard gives his team the flexibility to capitalize on opportunities when they arise.
Amid very low interest rates, stocks with healthy dividend yields will continue to be an attractive option to investors seeking income, says J.P. Morgan's Clare Hart.
We continue to see well-run companies with meaningful exposure to the growing markets of Asia, South America, and Africa selling for attractive valuations, says Wintergreen's David Winters.
Slow, steady improvement in corporate earnings is a real possibility despite the current macro headwinds the U.S. economy faces, says American Century Investment's David Hollond.
Though periods of high volatility are nerve-wracking, they have historically not been a predictor of poor forward returns, says the Oakmark manager.
An absolute value approach has led FPA Crescent's Steve Romick to large-cap global growth names and away from high yield.
Lawrence Kemp of UBS Global Asset Management, subadvisor of Laudus Growth Investors US Large Cap Growth fund, provides insight on investing in classic growth, elite, and cyclical companies during different periods of market fluctuation.
AQR's Ronen Israel discusses how his fund strays from market correlations found with other alternatives portfolios.
Royce's Steven McBoyle says emerging markets, with their solid competitive positions, are showing more promise than developed countries.
Delaware's Kevin Loome says the recent market pullback has created opportunities in corporates and mid- to low-rated high-yield debt.
Despite gold's sharp increase in price compared with past valuations, owning the commodity is not a mainstream trend yet, says IVA's Charles de Vaulx.
Dan Haugh from PTI Securities notes how using options adds protection to an ETF investing strategy.
The managers of Buffalo Mid Cap see technological innovations and growth among emerging-markets consumers as influencers of industry activity for an extended time.
Developing markets in Asia have come a long way since the crisis of the late '90s, and trends are in investors' favor, says Invesco's Clas Olsson.
With much looming uncertainty regarding interest-rate and inflation risk, JP Morgan's Douglas Swanson says sticking with time-tested principles and lower duration are keys to finding value.
Charles de Vaulx of International Value Advisors on trimming bond stakes, cautious bargain-hunting in Japan, and more.
Christopher C. Davis on the Davis Funds' lessons learned over the last three years, its "Silver Medal" strategy, and more.