U.S. Bond Sentiment Worst Since Disastrous ’09
Experts say 10-year yields could top 3% in 2015, twice the level forecast for 2014.
China ETF Demand Overwhelms Quota as Premium Surges
The largest U.S. ETF that tracks mainland Chinese stocks has jumped to a record premium as unprecedented demand forces fund manager Deutsche Bank to all but stop taking in new money.
BlackRock’s Rieder Fund Snags PIMCO Assets
Rieder, who runs the $4.1 billion fund, has delivered 7% over the past year, making it the top bond fund.
BlackRock Cuts Fees and Expenses on Three Bond Funds
The cuts come as Bill Gross’ PIMCO departure is sending billions of dollars to competing firms.
SEC Responds to Market Volatility by Ramping Up Bond-Fund Exams
Surging market volatility is making regulators increasingly concerned that bond funds have loaded up on hard-to-sell assets.
Former PIMCO Parent Pacific Life Moves Accounts to Janus
Pacific Life is moving some money to Bill Gross’ new firm, Janus, which said the decision pre-dated Gross’ exit.
SEC Rejects Non-Transparent ETFs
The SEC rejected plans by BlackRock and Precidian Investments to open a new type of ETF that wouldn’t disclose holdings daily.
Wide Moat ETF Sees Companies as Castles
Just like a moat surrounds and protects a castle, so does an economic “moat” surround and protect a firm from competitors.
PIMCO’s Ivascyn to Challenge Gross With Unconstrained Fund
The new group CIO is about to go head to head with Bill Gross in the fastest-growing segment of fixed income: unconstrained funds.
Capital Group Joins BlackRock in Filing for Non-Transparent ETF
The owner of the American Funds family is seeking regulatory approval for a new type of ETF that would support more active management.