December 2020 – Bond Market Review

The economy has improved significantly from the early stage of the pandemic, but GDP remains well below its pre-pandemic peak and unemployment remains elevated. In the near-term, we believe downside risks to the economy remain due to a resurgence of the virus and the ongoing stalemate in Congress over additional fiscal relief. Economic data is […]

November 2020 – Bond Market Review

While near-term headwinds from the pandemic and lack of additional fiscal relief continue to present downside risks to the recovery, we are increasingly optimistic about the economic outlook for next year. We continue to believe the trajectory of economic growth hinges on the course of the pandemic, the timing and amount of additional fiscal relief, […]

Negative Yields – And Why They are (Still) Unlikely to Happen in the U.S.

Please see Chandler’s updated whitepaper where we revisit “Negative Yields – and Why they are (Still) Unlikely to Happen in the US in 2020.” This thought piece is an update to the 2019 whitepaper by Scott Prickett, CTP, Deputy CIO, Julie Hughes, Senior Portfolio Strategist, and Carlos Oblites, Senior Portfolio Strategist, and examines the unprecedented […]

Senate Bill No. 998

At Chandler Asset Management, we believe it is imperative that every California Local Agency review their investment policy on an annual basis. This includes an analysis of liquidity needs, risk tolerance, return objectives and ensuring the policy conforms to current best practices. This year, the annual review process takes on a heightened importance as California […]

October 2020 – Bond Market Review

US equities experienced a moderate selloff in September (with the S&P 500 index down 3.9% month-over-month) and investment grade corporate credit spreads widened modestly (based on the ICE BofA US Corporate Index). In our view, the recent repricing of risk assets has been rational and consistent with the evolving economic and political backdrop. The economy […]

October 14-15: Chandler Attends the 2020 CAJPA Virtual Conference & Exhibition

We are excited to attend the California Association of Joint Powers Authorities Virtual Conference, Pooling Today, in partnership with the Association of Governmental Risk Pools (AGRiP) and the National League of Cities (NLC-RISC). Chandler’s professionals look forward to seeing our clients, partners, and friends in the novel virtual setting, and encourage you to visit our […]

Chandler’s Professionals to present at the 2020 WFOA 65th Annual Virtual Conference

Managing Portfolio Duration Chandler is pleased to sponsor the 2020 Washington Finance Officers Association’s 65th Annual Virtual Conference from September 23-24, 2020. Our investment professionals will be presenting live at the investments session. On Wednesday from 3:00 PM – 3:50 PM, Chandler’s professionals Scott Prickett, CTP, Deputy Chief Investment Officer and Julie Hughes, Senior Portfolio […]

September 2020 – Bond Market Review

The US economy continues to experience a somewhat uneven and slowing pace of recovery, consistent with more of a U-shaped (rather than V-shaped) recovery, in our view. However, the outlook for the economy remains uncertain. We believe the outlook is largely dependent on the course of the pandemic, the amount of additional fiscal relief from […]