Vanguard: Why Advisors Need to Rethink Bonds, ETFs & AI Investing

Are financial advisors still using an outdated investment playbook? Rachel Aguirre, Head of Product and Portfolio Strategy at Vanguard, joins John Manganaro on the Advisor Upside Show to discuss why today’s market environment may demand a fresh approach to portfolio construction, fixed income investing, and diversification.

Drawing on Vanguard research examining more than 1,000 advisor portfolios, Aguirre explains why many advisors remain positioned for the bond market of 2022, how intermediate-term bonds could offer an attractive balance of yield and risk, and why active fixed income ETFs deserve a closer look. The conversation also explores the rapid growth of ETFs, the importance of investment costs, and the risks of increasing AI-driven market concentration. With Vanguard projecting significant economic benefits from artificial intelligence, Aguirre explains why the companies building AI technology may not necessarily be its biggest long-term investment winners.

This episode is presented by MassMutual.

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