The Federal Reserve is now singularly focused on fighting inflation. Chair Powell has stated that monetary policy will continue to tighten until the committee is convinced inflation is in retreat. Eddy Vataru, lead portfolio manager for the Osterweis Total Return Fund, will examine the major economic forces that are driving the current wave of inflation and discuss what indicators the Fed will be watching as it sets its policy going forward. Eddy will cover near-term inflationary pressures, such as pandemic-related supply-chain disruptions and the Ukraine war, as well as longer-term demographic shifts that could also be inflationary. He will examine how past Fed policy decisions have contributed to the current situation and suggest how these observations can be used to identify opportunities for active management of fixed income portfolios.

SPEAKER
Eddy Vataru, Osterweis
Eddy Vataru graduated from California Institute of Technology (B.S. Chemistry & Economics) and from Olin Business School at Washington University in St. Louis (M.B.A.). Mr. Vataru holds the Chartered Financial Analyst designation. Prior to joining Osterweis Capital Management in 2016, Mr. Vataru worked in senior management positions at Incapture, LLC and Citadel, LLC. Prior to that he spent over 11 years at BlackRock (formerly, Barclays Global Investors), where his last position was as Managing Director and Head of U.S. Rates and Mortgages. While in this role, BGI worked with the U.S. Treasury in implementing its Agency MBS Purchase Program, buying mortgages for the U.S. government from 2008-2009. Mr. Vataru is a principal of Osterweis Capital Management and the lead Portfolio Manager for the total return fixed income strategy. He regularly publishes market commentary and has been named a Venerated Voice on AdvisorPerspectives.com – a designation reserved for the most widely read authors on that site.

Tickets

$0.00 COFPA Members

$0.00 FPA Members and Nonmembers