Gary Yeowell By Shannon L. Saccocia, CFA We see the asset class underpinning several key growth megatrends, but also the return of “big government” and its pursuit of security and protectionism. Recently in this space, Multi-Asset CIO Erik Knutzen made the point that focusing on “structural economic and political trends” is more practical for investors than trying to untangle the implications of specific elections or geopolitical events. Similarly, our Fixed Income Co-CIOs, Brad Tank and Ashok Bhatia, have argued that the destination for rates and inflation is more important than the journey. The journey may be stop-start and very bumpy, depending on what the latest macroeconomic data
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