Post by Osterweis Capital Management

AI excitement has led “to a suspension of disbelief among fixed-income investors,” but markets often reward discipline when enthusiasm is running high. MarketWatch recently spoke with Craig Manchuck, Portfolio Manager for the Osterweis Strategic Income Fund (OSTIX), about how AI-related excitement is affecting parts of the fixed income market. Craig noted that the team has been avoiding more overhyped areas and focusing on underappreciated issuers where they believe the risk/reward tradeoff is more compelling. This article provides a timely perspective on the importance of active credit research, valuation discipline, and flexibility in today’s bond market. Read the article by Ian Salisbury: https://lnkd.in/eBuXf-gf  #ArtificialIntelligence #FixedIncome #MarketOutlook #InvestmentStrategy