Research summary

5G and the opportunity set for global credit markets

April 06, 2022

Emerging themes in U.S. 5G
Cautious on tech and digital media
Bullish on wireless networks and cell tower operators
Opportunities for active fixed income managers in telecoms
The chart shows that Vanguard’s active Fixed Income Group manages $335 billion in taxable bonds and $230 billion in municipal bonds. The active management team includes more than 30 portfolio managers, more than 30 traders, more than 60 research analysts, and more than 140 dedicated team members.
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