By now you may be asking yourself, “Is this $4 billion bond offering by U.S. asset management firm Tolleson worth it?”
Well, not only is the investment offering a bit risky, it’s also a bit unwise.
While the bond fund itself is currently valued at $1.6 billion, Tolleson is betting on the potential of growth in its asset allocation portfolio, which consists of stocks and bonds.
The company is also betting that investors will want to take on more risk than they are willing to take right now, particularly in the case of emerging markets and emerging markets-focused stocks, which could see their returns suffer due to weak global economic conditions.
Tolleson, which is headquartered in Dallas, Texas, has made a number of big bets in recent years.
The firm has been a major player in the emerging market and emerging market-focused space, and has been heavily involved in leveraged buyouts of companies such as BNP Paribas, Barclays, and Deutsche Bank.
It also holds stakes in more than 50 hedge funds and has some of the best-known investors in the industry.
Tollseson has had a lot of success investing in emerging markets, which have historically been highly volatile markets.
The fund has done a lot in this area, with investments in Angola, Bangladesh, and India, among others.
The investment in Africa, however, could be a problem.
The country has a very weak economy, and there’s no shortage of corruption, corruption, and other issues to contend with.
If a number in the bond market starts to tank, investors could be left with less than $1 billion in the portfolio.
In addition, the investment could also make things difficult for Tolleson’s growth strategy.
For example, there are many emerging markets companies in the global energy space, including China, India, and Brazil.
These are companies that could suffer from the continued weak global economy and could see profits drop.
That could make it hard for Tolles to increase its holdings in these companies, and also potentially make it harder for investors to find a better deal on its investments in these emerging markets.
The investment is not without its positives, though.
For one, the bond funds portfolio contains a number and types of investments that can help to protect investors from losses in the future.
For example, it includes companies that are low-risk in the short-term, such as infrastructure bonds.
This also means that Tolleson may be able to reduce the amount of capital that it invests in these funds.
Also, while the investment is still a risk, the return on the bonds could be significantly higher than in other markets, since investors would be willing to hold them longer.
The overall return on this investment could be higher than the returns on other investments.
Another positive about the bond offering is that the fund is currently focused on emerging markets focused stocks, as well as emerging markets diversified stocks.
This could help the company increase its focus on these markets, even if the funds portfolio becomes less diversified.
For the company, this means more investments in its investment portfolio.
For instance, it could buy more bonds in emerging market companies, as they’re more likely to outperform the broader markets.
Tolson also has a plan to diversify its portfolio, including a large portion of its assets in emerging-market funds.
The bond fund is the largest investor in several of these funds, but this year, Tolles plan is to buy up a majority of its investments.
As of today, Tollees holdings are around $9.6 trillion.
If this strategy continues, Tollens portfolio could be much larger, and possibly have even more money in it.
Travis Pfeiffer is an independent investment adviser and financial journalist who is a member of the Investor Advisory Board of the International Monetary Fund.
He is also the author of the book, “The Intelligent Investor” (Basic Books).
Follow Travis Pfeffer on Twitter: @TravisPfeiffers