Research
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| By |
Lewis A. Sanders
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Chairman of the Board of Directors and Chief Executive Officer
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The turmoil in the capital markets has reached a new phase. While it is difficult to see through the dark clouds that have now formed, better times lie ahead. Our message to clients, as always, is to not get caught up in the emotions of the moment, as it is so easy to do. Righting the economy and the capital markets will take time, but the necessary things have begun to happen, and we continue to believe that we are positioned to recover investment performance in the period ahead. 9/15/2008
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Research
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When the bad news seems to come in waves, it can be tempting to look elsewhere--anywhere--for a safe place to park your money. Here are three reasons why cash isn't necessarily king. 10/6/2008
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United States
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| By |
Joseph G. Carson
,
Senior Vice President and Director—Global Economic Research
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Several negative factors threaten to exacerbate the US economic downturn. But we remain hopeful that the combination of fiscal and monetary stimulus and falling oil prices offer hope for turning around the cycle before it deteriorates into a recession of dangerous proportions. 10/10/2008
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As
of
10/10/2008
Class A @ NAV
|
YTD |
1 Yr. |
3 Yrs. |
5 Yrs. |
10 Yrs. * |
 |
|
|
-44.38
|
-31.48
|
-4.32
|
3.17
|
2.57
|
![]() |
|
|
-38.43
|
-24.16
|
-3.34
|
2.53
|
-1.11
|
![]() |
|
|
-32.07
|
-20.39
|
0.06
|
4.45
|
4.45
|
![]() |
|
|
-51.74
|
-38.56
|
-1.27
|
8.93
|
8.54
|
![]() |
|
|
-39.95
|
-28.72
|
-0.53
|
9.64
|
10.04
|
![]() |
|
|
-10.93
|
-4.01
|
3.90
|
5.60
|
8.50
|
* or Since Inception
|
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