In our fast-paced world and ever evolving global financial markets, keeping your 401(k) investment menu consistent with the times can be challenging. As the conversation swings to investments with a focus outside the US, the conversation can get complex and downright confusing! With that in mind, Mike Quinn, Senior Client Portfolio Manager at OppenheimerFunds joins me this week to discuss the current state of the global markets, some pros and cons of international investing and his thoughts on whether workplace retirement plans here in the US have developed a home country bias over the years. Additionally, we tackle what a global vs. international fund is, some basics on on currency hedging and its potential impact on mutual fund returns and whether the reputation international investing has been tagged with as “high risk” is deserved!
Guest Bio
Mike Quinn serves as Senior Client Portfolio Manager for the Global Equity Team for OppenheimerFunds. In this capacity, Mike is responsible for articulating the investment philosophy, process, strategy and performance of the team.
Mike has worked with the Global Equity team since 2004 in a variety of public facing roles, including as investment strategist and product director. He began his career at Van Kampen Investments in Chicago (now Invesco) in 1992. There, he worked in a variety of roles in investment-focused marketing and sales.
Mike earned his B.S. from the University of Dayton.
401(k) Fridays Podcast Overview
Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over seventy prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode each Friday!