Interest rates remain near historic lows and the Federal Reserve does not appear to be in a rush to hike rates, but advisors and clients remain concerned about what the future holds for borrowing costs.
While forecasting the Fed’s next move has become increasingly tricky in recent years, advisors can gain a fixed income advantage by finding the right partners. On Wednesday’s webcast, Fine-Tuning Your Fixed Income Strategy, State Street Global Advisors and Jeff Gundlach’s DoubleLine Capital join ETF Trends to discuss ETF options for the current rate environment and beyond.
That includes the new SPDR DoubleLine Total Return Tactical ETF (NYSEArca: TOTL). The actively managed SPDR DoubleLine Total Return Tactical ETF is Gundlach’s initial entry into the ETF arena. Gundlach will be the portfolio manager for the new ETF, which will be advised by State Street Global Advisors.
“Investors are concerned about rising interest rates, they’re concerned about the bond market in general,” said said State Street Global Advisors Head of Research David Mazza in an interview with ETF Trends. “In investment-grade fixed income, active managers, particularly those with an expertise actually have the ability to consistently outperform. Now you can get access to it with the cost-efficiency and ease-of-use of an ETF.” [State Street, Gundlach to Partner on new ETF]
Mazza will be joined on Wednesday’s webcast by DoubleLine’s Todd Lawson, relationship manager, and portfolio manager Jeff Sherman.