Eric Jacobson

In this engaging discussion, Eric Jacobson, a seasoned manager-research professional from Morningstar, delves into the world of evergreen funds and their liquidity risks. He sheds light on the redemption limits of these funds, emphasizing the significance of understanding their opaque features. Listeners learn about the hidden dangers associated with semi-liquid private markets and why careful consideration is essential for investors. Jacobson’s insights provide a thoughtful take on the complexities of modern investment strategies.

Join fixed income strategist Eric Jacobson and analyst Maciej Kowara from Morningstar as they untangle the complexities of bond pricing. They argue that knowing a bond's true value is often subjective and can vary between firms. The discussion dives into the challenges of infrequently traded bonds, the role of independent pricing agencies, and how recent market conditions have highlighted significant price discrepancies. With the bond market's evolving landscape, they explore the potential for greater transparency and the impact of technology on pricing accuracy.