The Interest Rate Conundrum




Lazard Asset Management show

Summary: Interest rates in the United States remain at historical lows. The combination of aggressive US Federal Reserve policy, underwhelming growth, and economic uncertainty is causing dislocations in fixed income markets. Flows into bond markets remain historically high despite limited upside and the increasing potential for negative total returns. Please join Joe Ramos, Managing Director and Portfolio Manager/Analyst on Lazard's US Fixed Income Team, for a discussion about key investment considerations and portfolio implications in anticipation of an environment of rising interest rates. Featured Speaker: Eulogio (Joe) Ramos Managing Director, Portfolio Manager/Analyst Joe Ramos is a Portfolio Manager/Analyst on the US Fixed Income team. He began working in the investment industry in 1978. Prior to joining Lazard in 2006, Joe was the Chief Investment Officer of Ambac Financial Group, Inc., where he was responsible for the oversight and management of Ambac's investment strategies, including the Excess Liquidity, Core Capital, Plus, and levered LIBOR+ LDI portfolios. Previously, Joe was a member at E.H. Capital Group, LLC, a Senior Vice President and Portfolio Manager at Lazard Asset Management, a First Vice President and Senior Portfolio Manager at Lehman Management Co., and a Senior Analyst in the Lehman Brothers Kuhn Loeb Fixed Income Research Department. He has a BS from New York University. Joe Ramos is a member of the CFA Institute, the NYSSA and the Economic Club of New York.