Why Global Bonds? This.


Why Global Bonds? This. by Alliance Bernstein

Global Bonds

Mangrove Partners Narrowly Avoids “Extinction-Level Event”

Nathaniel August's Mangrove Partners is having a rough 2020. According to a copy of the hedge fund's August update, a copy of which ValueWalk has been able to review, for the year to August 5, Mangrove Funds have returned -38%. Over the trailing 12-month period, the funds returned -44%. The S&P 500 produced a positive Read More


Hedged global bonds captured 96% of US bonds’ positive returns over the last 25 years. And, they preserved more capital during down periods, with a down capture of just 65%. Worried about negative rates abroad? Hedging into dollars boosts low and negative yields into competitively positive ones.

The views expressed herein do not constitute research, investment advice or trade recommendations and do not necessarily represent the views of all AB portfolio-management teams.