Investors in Europe are continuing to invest in negative-yielding debt, in large part due to regulatory requirements around pensions, insurance and private banks. To make up for the loss, these investors are seeking out higher-income opportunities in other areas of their portfolios. As a result, investors may be taking on unintended risks. Portfolio Manager Histesh Patel explains the tradeoffs in our latest quarterly update. Get additional insights from our CIOs in the 4Q Investment Outlook: http://bit.ly/2OR3rdi.