Fixed income

Orange County Section 457 Deferred Compensation Plan will add the Vanguard Total International Bond Index Fund, if an advisory committee recommendation is accepted by County Comptroller Martha O. Haynie.

Roberto Sanchez-Dahl and Paolo H. Valle were named managing directors and senior portfolio managers of the $2.35 billion John Hancock Emerging Markets Debt strategy, at Manulife Asset Management.

Many defined contribution plan sponsors are seeking solutions aimed at reducing undue volatility — excess volatility without a commensurate increase in return — that can prevent a plan and its participants from achieving their long-term objectives. Our research suggests hedged global bonds may be

A near-term recovery of the global economy was given no better than 50/50 odds by Mohamed El-Erian, CEO and co-chief investment officer of Pacific Investment Management Co. LLC during a packed session of the Milken Institute Global Conference.

Sacramento County (Calif.) Employees' Retirement System hired Brandywine Global Investment Management to run a global fixed-income portfolio, according to recently released minutes of the April 17 board meeting.

Despite concerns about limited potential for price appreciation and skepticism that high-yield bonds would be able to repeat the stellar returns from 2012, the asset class has continued to post strong returns in 2013. Through May 8, the iBoxx Liquid $ High Yield index is up 5.13% year to date; last

Gottex Fund Management and Tokyo-based Astmax Asset Management announced Thursday an agreement to work together to provide institutional investors in Japan with absolute-return-focused investment strategies, including hedge funds and multiasset approaches.

Despite the low returns in fixed income, the asset class is still an important part of a defined contribution plan's core menu, Dan McManus, supervisor of pensions and investments for the Air Line Pilots Association International, said in a recent Pensions & Investments interview.

It's time to take some risk off the table in anticipation of the day when central banks stop supporting asset prices and economies have to stand on their own, according to Mohamed El-Erian, chief executive and co-chief investment officer at Pacific Investment Management Co. LLC.

Wilbur L. Ross Jr., chairman and CEO of WL Ross & Co., a subsidiary of Invesco, sees a “ticking time bomb” in the debt markets.

Barclays U.S. Aggregate, Standard & Poor's U.S. corporate and other major bond indexes are expected to include $14 billion of the $17 billion in bonds Apple Inc. sold Tuesday, said Colin Robertson, managing director-fixed income, Northern Trust Asset Management.