Author Archives: Ken Taubes

About Ken Taubes

Ken Taubes is Executive Vice President, Chief Investment Officer, U.S. of Pioneer Investments. He is Portfolio Manager of Pioneer Strategic Income Fund, Pioneer Bond Fund and Pioneer Multi-Asset Real Return Fund. Ken joined Pioneer Investments in 1998.

The Fed: Setting Up for a Rate Hike

The Federal Reserve Board’s statement today made clear that they want the market to see their next meeting in December as a live option in which to consider raising rates. The Fed continues to see the U.S. economy growing at … Continue reading

Posted in Economy | Tagged , , , , | Leave a comment

Fixed Income Market Liquidity: Cause for Crisis Concerns?

Fixed income market liquidity has declined in the face of more restrictive banking regulations, including increased charges for risk-based capital. This has caused greater concern among investors about prospective liquidity in a potential broad market sell-off if the Federal Reserve … Continue reading

Posted in Economy, Fixed Income, Industry Insights, Markets | Tagged , , , , , | Leave a comment

Fed Holds Rates Steady: The Right Call?

The Federal Reserve Board did what most observers expected today, holding any rate increase until at least October or December 2015. While the Federal Open Market Committee professes to be “data-dependent” and focused primarily on U.S. economic data in making … Continue reading

Posted in Economy, Fixed Income, Markets | Tagged , , , | Leave a comment

Dovish Fed Resets Outlook For Risk Assets

The market’s initial reaction to Wednesday’s FOMC meeting was consistent with a dovish interpretation. U.S. Treasury yields declined and the dollar underperformed. However, as market participants digest the information, much of the initial moves have been retraced. Following the meeting … Continue reading

Posted in Economy, Industry Insights, Markets, Multi Asset | Tagged , , , , , , , | Leave a comment

Capitalizing on Opportunities in Today’s Fixed-Income Environment

The race to win fixed-income mandates has been on for decades, but perhaps never has it been as competitive as it is in 2015. To discuss the lay of the fixed-income land and what differentiates strategies, firms, and the eventual … Continue reading

Posted in Emerging Markets, Fixed Income, Multi Asset | Tagged , , , , , | Leave a comment