Sentences with phrase «from bond managers»

Not exact matches

A spike in bond yields and a clear change of direction from central banks means there isn't a lot of value in global bond markets, a fund manager told CNBC on Tuesday.

Clockwise from left: Hannah Grove, Chief Marketing Officer; Karen Keenan, Chief Administrative Officer; Liz Roaldsen, EVP, responsible for leading the Beacon digital transformation initiative; Lynn Blake, Chief Investment Officer of Global Equity Beta Solutions; (on monitor from Dublin) Susan Dargan, Management and future development, offshore business and Alternative Investment Services; (on monitor from London) Maria Cantillon, EVP and Global Head of Alternative Asset Managers Solutions; Martine Bond, EVP for Trading and Clearing; Kim Newell, EVP and head of Global Markets Europe, Middle East and Africa, State Street; Brenda Lyons, Head of the Specialized Products Group; Kathy Horgan, Chief Human Resources and Citizenship Officer; and Lori Heinel, Deputy Global Chief Investment Officer.

Efficient diversification will not be enough to earn good returns; even very well established track records will provide a less reliable guide to future performance; and bond managers will probably have to stray far from their comfort zone to deliver even modestly positive real returns.

Recruit more tech - savvy workers who might otherwise spurn the bond manager for traditional software companies, people familiar with the matter said... Many of those new employees will be engineers tasked with modernizing Pimco's technology systems, from the tools used to harness new databases of information to the platforms that trade bonds electronically.

Instead of financing Social Security and Medicare out of progressive taxes levied on the highest income brackets — mainly the FIRE sector — the dream of privatizing these entitlement programs is to turn this tax surplus over to financial managers to bid up stock and bond prices, much as pension - fund capitalism did from the 1960s onward.

Portfolio managers selecting bonds from this grouping can gain access to the same risk factor without needing to buy all the bonds in the index to get the beta exposure.

When there is a downgrade from investment - grade to high - yield status, this inevitably means managers with mandates permitting only investment - grade bonds will have to indiscriminately liquidate the downgraded bond.

Overall North American equity recommendations were downgraded to 67.8 percent from 69.1 percent, the lowest since December 2014, and fund managers» preference for North American bonds were cut to 70.0 percent, the lowest in seven months.

Australian consumer lending fintech, MoneyMe, has finalised an AU$ 120 million asset - backed wholesale securitization facility led by $ 100 million from global investment manager, Fortress Investment Group, and joined with $ 20 million of bonds issued by corporate advisory, Evans & Partners.

Today we hear from Michael Hasenstab, portfolio manager and co-director of the International Bond Department.

Although there have been many ups and downs in this extended rate cycle, junk bonds and the portfolio managers who buy and sell them have never experienced a rise from these yield levels before.

«We are coming from an abnormal period where a tremendous amount of wealth was created largely by selling assets back and forth,» said Mohamed A. El - Erian, chief executive of Pimco, one of the country's largest bond traders, and the former manager of Harvard's endowment.

Furthermore, with US equity markets reaching new highs and the interest - rate environment looking negative for bonds, we believe investors will seek out product offerings from alternative managers that can offer access to alpha2 across alternative asset classes.

Given the whipsaw that I experienced in 2002 when the ratings agencies went from long - to short - term, I can tell you it did not add value, and that most bond manager that I knew wanted stability.

If I am right that equity fund managers are fully allocated to stocks now, the only way we can get excess gains in the stock market is if new liquidity is created by bank lending, or liquidity is transferred from the bond market to equities.

Portfolio managers and traders from the world's largest pension funds, asset managers and insurance companies also use bond ETFs.

After a May 1 game in which McKeon had ordered his pitchers to intentionally walk Bonds four times, the manager was walking from San Francisco's SBC Park to his hotel when people on the street began shouting at him.

«The Bond night screenings started during the Euro qualifiers in which coach Roy Hodgson became the only England manager in history to grab the maximum 30 points from ten qualifying games.

«The Night Manager» helmer Susanne Bier is reportedly a top contender to take over directing «James Bond» from Sam Mendes.

Hence the fund managers adopting Duration strategy invest in Long Term bonds so that they can benefit from any fall in interest rates.

Investors and fund managers search for yield, extend maturities, reach for lower credit quality and shift assets from short term floating rate money market funds to bonds, bond funds and similar investments.

Remember my commentary from when I was a bond manager: I was far more open with my brokers than most managers, but I never gave them the critical bits.

From my piece, The Education of a Corporate Bond Manager, Part IX:

The portfolio managers focus on identifying investment grade bonds or sectors whose valuations have become dislocated from the underlying fundamentals, primarily due to technical reasons.

Analysts, mutual - fund managers and other forecasters are telling investors to expect lower returns from stocks and bonds in 2016 than in past years.

And to the degree that you are a smart manager, you can lessen your dependence on the big guys, and work with the hungry second tier, who know that money can be made by implementing the ideas of smart investors, so find ways to buy cheap bonds for smart investors from dumb investors, and sell rich bonds from smart investors to dumb investors.

Let me put it this way, if someone can pick the best performing index of bonds to compare against stocks, what is to keep the stock manager from picking the best sub-index of stocks to be the policy comparison?

The tally is partial because we tend to exclude vanilla bond funds and index funds from the tally, since the managers in such funds make relatively modest differences in the funds» performance.

@Jerry, I agree that today the main risk in bonds is duration risk (AKA interest - rate risk)-- last weekend's Barron's has an interview with the UBS Wealth Management top managers pointing out this means convincing investors to switch from Treasuries and investment - grade corporates to well - selected junk (HYLD is a jewel there — DO N'T go for index funds in bonds, very differently from ones in stocks they make no sense... where's the sense in wanting to lend more to companies which are more indebted?!

As central banks move away from ultra-loose monetary policy, and the global economic expansion matures, bond fund managers will need to ensure their portfolios draw on a truly diverse range of sources of return and carefully consider portfolio risk if they are to generate yield in the current market environment.

The theme picking part generally results from the manager's decision to focus on a particular sector or industry of the economy, a world region or country, a class of securities (stocks, bonds, commodities, etc.), and similar factors that can largely explain the performance of the analyzed fund or portfolio.

From a recent interview with Bill Gross, manager of the Janus Global Unconstrained Bond fund: Years of easing by central banks mean that interest rates in most of the developed world will fluctuate narrowly.

Portfolio managers and traders from the world's largest pension funds, asset managers and insurance companies also use bond ETFs.

When I was a corporate bond manager, aside from rare occasions, I never bought floating rate debt.

Think of 1979 - 82: by the time bond yields were nearing their peak levels, bond managers were making money in nominal terms with rates rising because the income from the coupons was so high, and it set up the tremendous rally in bonds that would last for ~ 30 years or so.

the high yield manager sold them a small amount of the bonds, and we didn't hear from them again.

The only problem now is that when all the big fund managers will decide to withdraw from the bond market then we shall see a steeper jump as Government of Canada is not likely to intervene.

This study investigates the unique aspects of closed - end bond funds using characteristics and performance data mostly from 1996 - 2006 for two samples: (1) 54 pairs of closed - end and open - end bond funds matched for manager, fund family and type of bond fund; and, (2) 332 closed - end bond funds.

Gross, manager of the world's biggest bond fund until he unexpectedly left Pimco on Sept. 26, is running the Unconstrained Fund out of a rented office a five - minute walk from Pimco's headquarters in Newport Beach, California.

I have stories from that period... as a bond manager, I am at my best in crisis mode.)

Because managers Dan Fuss and Kathleen Gaffney typically own a large helping of high - yield, or junk, bonds (those rated double - B or lower), as well as bonds from developing nations, the fund took a hit when investors bailed out of anything smacking of risk during the financial crisis and rushed into Treasuries.

Mutual funds: These popular investments pool money from different investors, which is then put in a single portfolio of stocks and bonds which is overseen by an investment manager.

When I was a risk manager and bond manager for a life insurance company (at the same time, dangerous, but great if done right) I had to have models that drove yields on corporates from Treasury yields.

This week's Barron's has a cover story describing how the big - time wealth managers are recommending a shift from bonds to stocks.

To begin with, there is no value added from active management, because all the fund managers have only a handful of bond issues to choose from.

A lower - rated bond would cause some bond managers to sit on their hands; even though they could look at the rating from the agencies, they would not trust the rating without further analysis, and that takes time and effort.

If you (or your portfolio manager) hold on to your investment, you can enjoy the extra yield from these bonds and get back your principal upon maturity.

• The world's biggest money manager, BlackRock, opened the first ETFs that will invest in junk bonds from Europe to Asia.

Suppose we had seven guys in the room, an economist, a guy from a ratings agency, an actuary, a guy who does capital structure arbitrage, a derivatives trader, A CDO manager, and a guy who does nonlinear dynamic modeling, and we asked them what the spread on a corporate bond should be.

(I know from my time as a bond manager, you can't push your credit staff too hard, or they start making mistakes, because they can't do quality work.)