Hear from our portfolio managers as they present their Q1 market review and outlook for the coming months. Senior portfolio managers Mauricio Agudelo and Prabha Carpenter discuss the macroeconomic backdrop, portfolio positioning and fund performance. Read the transcript.
- Stocks climbed higher in the first quarter of 2021, extending the market rally past the one-year mark since the pandemic-induced low on March 20, 2020.
- Company earnings rebounded, with most sectors reporting a return to pre-COVID profitability.
- Bond returns were mixed in the first quarter. Rising interest rates pressured prices of U.S. Treasuries, especially for longer-dated issues.