After the pandemic-induced sell-off and flight to safety came the rebound of big tech growth. Now positive vaccination news late in 2020 continues to drive a style shift back to more cyclical equities. Harding Loevner covers the equity landscape in their Q1 2021 review.
The bond market posted its worst quarterly returns in almost 40 years. With uncertainty ahead, it’s a good reminder for investors to know what they own. GW&K has been managing taxable bond portfolios for more than three decades using an active, multi-sector approach.
Municipal bonds were resilient in the face of higher interest rates during the first quarter. With added interest rate uncertainty going forward, an active approach to municipal bond management can prepare and react to opportunities the market provides. GW&K has been managing high quality municipal portfolios since 1974 and has experience in all types of markets.
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