Can Smart Beta Work for Fixed-Income ETFs?
Several specialists lay out the case for these products and highlight factors driving premiums for the strategy.
Central Bank Meetings Could Bring 'Global Repricing' This Week: Citi
Expect a bumpy ride as global markets digest news from both a U.S. Fed Reserve and Bank of Japan gathering, according to one analyst.
Goldman and Citigroup Divided on Whether Bond Rout Will Persist
Garzarelli of Goldman sees Treasury yields at 2% by early 2017; Aviva, Aberdeen join Citigroup in seeing no extended losses.
Gundlach: Time to Be ‘Defensive’ With Bonds
DoubleLine executive says the Fed seems determined to raise rates, which are “sort of rising already.”
Morningstar Gives Gundlach’s Flagship DoubleLine Fund a ‘Neutral’ Rating
Analysts say the fund is led by “a talented manager, but we still have questions about the fund’s process and firm stewardship.”
Passive Funds Trounce Active Rivals in May: Morningstar
Meanwhile, PIMCO has a bit of good news as investors move into fixed income products.
Morningstar Buys Bond Analytics Group; Raymond James Grabs Euro M&A Firm
The research firm adds a fixed income tech partner, while the broker-dealer brings on an investment firm in Germany.
American Funds Tops Fidelity as No. 2 Mutual Fund Family
Morningstar says that, as of April, there is a change in the second-largest fund group.
PIMCO Says Bill Gross Was Told if He Quit He'd Lose $200M Bonus
Firm responds in suit saying CEO and counsel warned co-founder; Gross left a handwritten message "in the middle of the night."
GMO’s Inker: Give High Yield a Little Credit
High-yield bonds have a lot going for them, says Ben Inker, GMO's co-head of asset allocation, but there are several reasons to proceed with caution.