Invesco Global Bond manager favours North American corporates

Matt Brill shuns overseas issues with negative yields.

Michael Ryval 18 January, 2018 | 6:00PM

Though some major central banks are in a tightening mood, Matt Brill, a fixed-income specialist with Invesco Fixed Income, a unit of Atlanta-based Invesco Ltd., remains upbeat about the asset class. He is particularly hopeful for North American corporate bonds.

"Yields are at the lower end around the globe and valuations are not as compelling as they have been in the past, but we are not fearful of materially higher rates," says Brill, a senior portfolio manager on the team managing the $308-million Invesco Global Bond.

"First, there is demographic support," Brill says. "Aging populations around the globe have a strong demand for fixed income. That provides a ceiling for interest rates."

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
MPLX LP Partnership Units11.40 USD-1.89

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Michael Ryval

Michael Ryval