Watch breaking news videos and read news updates about Fixed Income on pionline.com
BlackRock recruits emerging markets debt director
trueJack Deino was named director, emerging market debt at BlackRock.
Fisch Asset Management adds to convertible bond team
trueMartin Haycock joined Fisch Asset Management as product manager for convertible bonds.
Fitch: Record bond issuance continues
trueThrough the end of October, non-financial U.S. corporate bond issuance totaled $685 billion, up 31.5% from the same period last year and just $1.5 billion short of the full-year record set in 2012.
Stressed bond market a boon to credit-pickers
trueA confluence of global trends has created a credit-picker's market that has both portfolio managers and asset owners rubbing their hands together in anticipation.
Long-duration bond strategies continuing its dominant ways
trueLong-duration bond strategies for the fifth consecutive quarter dominated the list of top-performing domestic fixed-income managers for the year ended Sept. 30, according to Morningstar Inc.'s separate account/collective investment trust database.
University of Washington endowment returns 6.8%
trueUniversity of Washington's consolidated endowment fund returned 6.8% in the fiscal year ended June 30, said an investment report posted on the Seattle-based university's website.
Pinellas Park Police taps Garcia Hamilton for core fixed income
truePinellas Park (Fla.) Police Officers’ Pension Fund hired Garcia Hamilton & Associates to manage a $6 million active domestic core fixed-income portfolio.
Iowa PERS seeks direct lending managers
trueIowa Public Employees’ Retirement System issued an RFP for managers to run up to a total $400 million in U.S. direct lending strategies, the pension fund’s first allocation in the asset class.
Panelists at FIA conference debate regulatory effects on Treasury market
trueDifferent actors in the Treasury market are facing different impacts from regulatory changes and the move to more electronic trading, said panelists at a Futures Industry Association conference in Chicago on Wednesday.
Big redemption marks end of Gross' 1st year
trueAn unidentified institutional investor redeemed nearly $500 million from the unconstrained global bond strategy managed by Janus Capital Group Inc.'s William H. Gross during the quarter ended Sept. 30, slicing about 23% of assets from the strategy.
Sweden's central bank to increase government bond purchase program
trueSweden’s central bank, Riksbank, increased its government bond purchase program by almost 50% to total 200 billion Swedish kronor ($24.2 billion) by the end of June 2016, in a move that has surprised the markets.
BlackRock survey: 42% of insurers looking to pare equity holdings
trueForty-two percent of insurance companies said they are likely to decrease their equity investments over the next 12 to 24 months, a BlackRock survey found. The same percentage said they would maintain their equity exposure, while only 13% indicated they would increase allocations to stocks. Three ...
Moody's: High-yield covenant quality declines
trueMoody's Investors Services said the average covenant quality score for high-yield bonds issued in the 12 months ended Sept. 30 was 4.29, 0.12 points weaker than the average for the same period a year ago.
Intermediate Capital Group expands U.S. private debt team
trueJeffrey Rabel was named managing director at Intermediate Capital Group.
Money managers seeing big bonanza from Japan
trueGlobal bond managers say Japan is looming ever larger on their radar screens as the country's largest public funds shift allocations away from Japanese government bonds and show a greater willingness to pay for performance.