31 insights

Video
New
Jan 22, 2020

January 22 Webinar REPLAY - Osterweis Fund & Osterweis Strategic Investment Fund Q4 Update

If you were unable to join our quarterly webinar, watch the replay to hear updates on the Osterweis Fund and Osterweis Strategic Investment Fund.
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Outlook
New
Jan 22, 2020

January Equity Outlook

In our latest Equity outlook, John Osterweis discusses the relationship between inflation, interest rates, and equity valuations, and he examines a few scenarios that could cause inflation to resurface.
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Outlook
New
Jan 17, 2020

January Total Return Outlook

2019 was an exceptional year for investment grade fixed income, but we feel it will be very difficult for IG to repeat its performance in 2020 as spreads are relatively tight and rates are likely to remain rangebound.
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Outlook
New
Jan 14, 2020

January Strategic Income Outlook

The fixed income markets are priced nearly to perfection, which we feel is a bit too optimistic. In 2020 we’re expecting a reversion to more normal spreads and more differentiation among issuers.
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Video
New
Jan 14, 2020

January 14 Teleconference REPLAY - Osterweis Strategic Income Fund Q4 Update

If you were unable to join our quarterly teleconference, listen to the replay to hear updates on the Osterweis Strategic Income Fund.
Listen Now
Blog
New
Jan 13, 2020

2020 Investment Grade Credit Outlook: Take a Scalpel, Not an Axe

2019 was an exceptional year for investment grade fixed income, but according to John Sheehan, the market is unlikely to repeat itself in 2020. He feels active portfolio management and effective credit selection will drive performance this year.
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Blog
Dec 17, 2019

Negative Rates in the U.S.? We Don’t Think So

Although trillions of dollars of global debt currently “pays” negative yields, according to Eddy Vataru, the size and supply/demand dynamics of the U.S. mortgage market will keep domestic rates positive for the foreseeable future.
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Blog
Oct 11, 2019

When Evaluating Venture-Backed Initial Public Offerings, Patience Is a Virtue

The venture capital industry has created a robust pipeline of new public companies, but in our view discipline is the key to finding the best opportunities.
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News
Oct 8, 2019

Eddy Vataru Featured on Bloomberg Radio

Listen to a recent interview where Eddy Vataru discusses his thoughts on the economy as well as the impact of the yield curve and negative interest rates globally.
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Podcast
Sep 7, 2019

Money Life with Chuck Jaffe: Interview with Eddy Vataru

Listen to Eddy’s recent interview on the “Money Life with Chuck Jaffe” podcast to hear his thoughts on the inverted yield curve and the likelihood of a recession.
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Blog
Aug 23, 2019

Aligned Incentives: Our Key to Navigating the Diverse High Yield Market

In our experience, family-owned private firms and small-to-medium sized public companies are most likely to borrow responsibly and prioritize bondholders ahead of other investors.
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Blog
Aug 13, 2019

Investment Grade Credit Report: An Impressive First Half

According to John Sheehan, accommodative Fed policy and favorable market technicals drove the investment grade credit market’s strong start to 2019.
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News
Jul 17, 2019

Secular Growth is Key to Delivering Alpha

A recent Business Insider profile of Jim Callinan describes his investment philosophy, which focuses on handpicking firms that can capitalize on untapped secular growth trends – structural economic changes that create a sustainable surge in demand.
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Blog
Jul 5, 2019

Convertible Bonds: An Underappreciated Source of Alpha

Although most investors ignore the opportunities presented by these flexible fixed income securities, they are an integral component of our strategy.
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Blog
Jun 5, 2019

Catching the Wave: Why Secular Growth Matters

In our view, the specific market dynamics that influence a company's sales growth prospects have a greater impact on equity returns than the overall direction of the economy.
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