Parametric Fixed Income Portfolio Manager: Nisha Patel on CNBC

For decades the U.S. was the architect and anchor of a rules-based global system. But as Washington’s economic engagement with the world becomes driven more by national priorities rather than institutional commitments, the rest of the world is quietly building buffers and hedging U.S. dependency. As Jitania Kandhari explains, this is not the end of globalization, but the gradual de-Americanization of it.

Emerging markets debt can offer meaningful income and diversification, but return drivers vary widely across countries and issuers. Matt Murphy explains the strategy’s risk-aware objective and why invest now. Watch this video to find out more.

An investment fund managed by Morgan Stanley Real Estate Investing (MSREI), together with its partner QuinSpark Investment Partners (QuinSpark), today announced the sale of the Pullman Paris Tour Eiffel, a landmark 435 room hotel, to a consortium of investors managed by Batipart Europe. QuinSpark will continue to serve as operating partner to the consortium.

Nisha Patel, Parametric fixed income portfolio manager, joined CNBC The Exchange to discuss today’s municipal bond market. While municipal fundamentals remain broadly stable and defaults are historically low, credit dispersion is increasing across sectors, making issuer-level analysis especially important.