Now Where Do Bonds Fit In?

03/19/25 • 24 min

In the ever-shifting landscape of investments, fixed income often plays a quiet yet crucial role, serving as the backbone that supports and stabilizes portfolios through market turbulence. With inflation proving to be more persistent than anticipated and interest rates keeping investors on edge, this asset class is reclaiming its place in the spotlight. As we navigate this evolving landscape, it's vital to examine what these shifting dynamics mean for investment returns, credit markets, and the significant pool of cash that remains on the sidelines.

Join Ingrid Macintosh, Vice President, TD Wealth, Head of Global Marketing, Client & Colleague Enablement and Strategy, TD Asset Management Inc. (TDAM), Alex Gorewicz, Vice President & Director, Active Fixed Income Portfolio Management, TDAM, and Michael Augustine, Managing Director, Head of Fixed Income & Asset Liability Management, TDAM, as they explore the evolving bond and interest rate landscape, drivers of fixed income returns and ways to access meaningful diversification opportunities through private markets.

0:58 The inflation challenge: key insights for investors

6:05 How does the interest rate narrative play into portfolio construction?

10:48 What role does bond duration play in shaping return potential?

12:44 Fixed income investment cornerstone: more yield, more income and exposure to credit

15:51 Return environment: fixed income portfolios vs. guaranteed investment certificates

For a full transcript in English and French, please visit the TD Asset Management Podcast page: https://www.td.com/ca/en/asset-management/insights/podcast

Email any questions or ideas for future episodes to: [email protected]

Please follow "TD Asset Management" on

LinkedIn: https://ca.linkedin.com/showcase/tdassetmanagement/

0:58 The inflation challenge: key insights for investors

6:05 How does the interest rate narrative play into portfolio construction?

10:48 What role does bond duration play in shaping return potential?

12:44 Fixed income investment cornerstone: more yield, more income and exposure to credit

15:51 Return environment: fixed income portfolios vs. guaranteed investment certificates

For a full transcript in English and French, please visit the TD Asset Management Podcast page: https://www.td.com/ca/en/asset-management/insights/podcast

Email any questions or ideas for future episodes to: [email protected]

Please follow "TD Asset Management" on

LinkedIn: https://ca.linkedin.com/showcase/tdassetmanagement/

Previous Episode

The ETF Experience Podcast | A Bulls and Bears Case for the Stock Market

Financial markets are perpetually in motion, influenced by a multitude of factors that pull investors in opposing directions – what we commonly refer to as bullish and bearish sentiments. Recently, the expectations of U.S. pro-business policies, the U.S. and Canadian monetary policy divergence shifts, and increased interest rate uncertainty have been influencing market movements. In such a volatile market environment, how do investors decide what may support their investment strategies?

Join Chiara Carozzi, Relationship Manager, Advisor Distribution, TD Asset Management Inc. (TDAM), Trevor Cummings, CIMA, Vice President, ETF Distribution, Central Canada, TDAM, and Michael Formuziewich, CFA, Vice President, Retail Client Portfolio Management, TDAM, as they explore both sides of the evolving market trends, outlooks for financial markets, and strategies that may help investors advantageously position their portfolios.

1:08 Is another bull run in the cards for the U.S. equity market?

6:08 DeepSeek explained: an evolution in the artificial intelligence space

9:39 Is interest rate uncertainty sparking real interest in real assets?

14:04 How should investors think about currency risk in their portfolios?

20:27 The Ozempic effect: Will the pharma trend continue?

For a full transcript in English and French, please visit the TD Asset Management Podcast page: https://www.td.com/ca/en/asset-management/insights/podcast

Email any questions or ideas for future episodes to: [email protected]

Please follow "TD Asset Management" on

LinkedIn: https://ca.linkedin.com/showcase/tdassetmanagement/

Next Episode

Breadth of Experience: The Insights Behind the Results

Summary:

1:25 FundGrade A+ awards - TD Mutual Funds and TD ETFs win 24 awards in the ....

1:55 What sets TD Asset Management apart? What makes up the portfolio management and research teams?

4:45 What is one thing that makes the biggest difference and generates positive relative performance?

6:00 What are some standout sectors that drive performance and where are we looking for opportunities moving forward?

9:00 What is the example of an opportunity that TDAM uncovered thanks to the unique process?

12:05 Market Uncertainty - how are we navigating through these uncertain times and how does it propel TDAM for investment success in the future?

Also:

24 mutual funds and ETFs managed by TD Asset Management Inc. recognized at the Fundata FundGrade A+® Awards: https://www.td.com/ca/en/asset-management/resources/about-us/awards

For a full transcript in English and French, please visit the TD Asset Management Podcast page: https://www.td.com/ca/en/asset-management/insights/podcast

Email any questions or ideas for future episodes to: [email protected]

Please follow "TD Asset Management" on

LinkedIn: https://ca.linkedin.com/showcase/tdassetmanagement/