Making the Case for High-Yield Bonds Before the Fed Rate Hike
The U.S. high-yield muni composite is trading at higher yield than Iraqi and Lebanese government bonds, which makes no sense and presents an opportunity for investors, says Richard Bernstein.
Gross Gets Co-Manager as Janus Acquires Firm of PIMCO Alum
Kumar Palghat, who worked with Gross at PIMCO for 10 years, will help run the Janus Global Unconstrained Bond Fund.
Puerto Rico Bonds May Be Hiding in Your Clients’ Portfolios
Investors in muni-bond funds or ETFs may have exposure to those bonds, now trading around 64 cents on the dollar, without even knowing it.
Merkel Shuts Down Greek Bid for New Aid Talks Before Referendum
German Chancellor Angela Merkel dismissed a bid for aid by Greece hours before its bailout expires and a payment deadline to the IMF passes.
4 Experts Advise Investors on Greek Debt Crisis
Vanguard’s Davis, BlackRock’s Koesterich and others commented on Greece’s debt crisis and what it could mean for investors.
Munis Meet Milken as Hedge Funds Dictate Puerto Rico Terms
Puerto Rico is getting a thorough introduction to Michael Milken’s junk-bond world as it increasingly relies on some of the financial industry’s most aggressive players.
Milevsky’s Bold Plan to Reinvent Retirement Income
Cast away years ago, the tontine may hold secrets to solving the income puzzle faced by retirees looking for a private-sector solution to replace pensions.
Bond Investing: Finding Opportunities Takes Patience
Morningstar panelists say the Fed will hike rates this year, maybe even twice. But caution and cash are watchwords for portfolio managers.
PIMCO Leaders Address Bill Gross Departure, Big Outflows
Doug Hodge and Daniel Ivascyn admit “iconic” Bond King’s departure was “pivotal,” but PIMCO “narrative is now back to where we’ve always been.”
Sonders, Gross, More: What to Expect in Second Half of 2015
ThinkAdvisor combed through midyear outlooks from a variety of financial firms. Here's what they're predicting.