Matthew Sheridan, CFA
27 Years at AB|28 Years of Experience
Matthew Sheridan is a Senior Vice President and Portfolio Manager at AB, primarily focusing on the Income Strategies portfolios. He is a member of the Global Fixed Income, Global High Income and Emerging Market Debt portfolio-management teams. Additionally, Sheridan is a member of the Rates and Currency Research Review team and the Emerging Market Debt Research Review team. He joined AB in 1998 and previously worked in the firm’s Structured Asset Securities Group. Sheridan holds a BS in finance from Syracuse University. He is a CFA charterholder. Location: New York
Published Work
The 10-year Treasury yield has climbed steadily over the past two years. But we believe fixed-income investors should be prepared for lower yields ahead.
Do high-yield bonds still make sense for income investors at this stage of the credit cycle? We think so.
The economic outlook for the US is cloudy, but the right mix of credit and government bonds may help investors boost income in all kinds of weather.
As the credit cycle turns, a diversified approach that balances rate and credit risks may succeed where bank loans may not.
When the yield curve inverts, bond investors should heed the signs.
AB fixed-income managers discuss strategies for income-seeking investors in today's landscape.
The coming year will present its share of challenges. Here's why we're optimistic.
AB Co-Head of Fixed Income Gershon Distenfeld and portfolio manager Matt Sheridan discuss what the global credit markets may have on offer for 2021.
Does volatility give you the jitters? AB Co-Head of Fixed Income Gershon Distenfeld and portfolio manager Matt Sheridan discuss unearthing opportunities while guarding against the turbulence of current events.
As economic cycles enter their later stages, investors sometimes find that they're taking too much risk to generate income. There's a strategy that can help-and we think now is the time to use it.
Investors can find income in US bond markets-but this late in the credit cycle, the right approach can make a big difference.
The market has grown less anxious about an imminent wave of bond downgrades. That's good, because overestimating the risk can lead to missed opportunities. But the risk hasn't disappeared, making research as important as ever.
As economic cycles enter their later stages, investors sometimes find that they're taking too much risk to generate income. There's a strategy that can help—and we think now is the time to use it.
Bond strategies that balance interest-rate and credit risk struggled in 2018. Is this time-tested approach past its prime? Hardly. We think investors will need to blend exposure to both to generate income and limit risk in 2019.
Including interest-rate sensitive bonds and credit in a single strategy usually reduces risk. This year was a little different. But don't fret: there are plenty of reasons to stick with a balanced approach in 2019.
Bond investors get anxious when rates rise suddenly, as Treasury yields have recently. But if your investment horizon is longer than a few months, rising rates are nothing to be afraid of.
The volatility bond investors expected when 2017 began never showed up. We suspect it will come out of hiding in 2018. With valuations stretched and monetary policy turning, investors will want to think carefully about which risks they take.
Should tighter monetary policy on both sides of the Atlantic worry bond investors? We don't think so. Bonds have historically delivered positive returns when interest rates rise-particularly when they rise gradually.
Rising interest rates make bond investors nervous. But purging your portfolio of interest-rate risk can backfire-even in a rising-rate environment. There's a better way to balance risk and return.