John Hollyer, global head of Vanguard Fixed Income Group, discusses the recent rise in bond yields and what that’s meant for Vanguard’s bond funds. Mr. Hollyer says investors should center their long-term return expectations on the yields they are getting today.
When evaluating TDFs, plan sponsors and consultants would do well to look beyond a single point in time. Vanguard’s holistic approach to TDF design includes a glide path that’s designed to support an investor’s journey from early career through retirement. This approach is not purely a portfolio optimization exercise at each stage of the life cycle, but rather the culmination of years of experience in helping investors reach their investment goals.
Insurance companies typically describe their investments as conservative, a stance that’s encouraged by industry regulation. But what does it mean to be conservative? Vanguard Investment Strategist Daniel Wallick explores the idea.
The prospect of rising interest rates has some pension sponsors concerned about the limited supply of long-term corporate bonds. Vanguard Lead Investment Actuary Brett Dutton explains why such concerns need not translate to immediate action.
The prospect of rising interest rates could make plan sponsors lose sight of the greatest risk to participants in target-date funds, along with the important reasons to invest in bonds.
Michael Palazzi, senior DC investment strategist, Vanguard Defined Contribution Advisory Services, shares how a “vanilla” TDF portfolio construction can be the best option for plan participants.