Wednesday, 28 February 2018

Ivascyn generates big returns for Pimco Income Fund, not sound bites

Ivascyn generates big returns for Pimco Income Fund, not sound bites

NEW YORK (Reuters) - Dan Ivascyn, the group chief investment officer at Pacific Investment Management Co (Pimco), eschews making big, splashy investment or market calls, unlike his legendary predecessor, Bill Gross.

Top stockpicker T. Rowe Price has boosted bonds, cash allocations

NEW YORK (Reuters) - Winning stockpicker T. Rowe Price Group Inc has a message for investors: do not give up on bonds.

Why Oppenheimer Global fund is focusing on biotech as rates rise

NEW YORK (Reuters) - The recent volatility in the global stock market may make some investors feel queasy, but it is providing a buying opportunity in biotechnology stocks.

Banks increase CLO forecasts after Dodd-Frank court ruling

NEW YORK (LPC) - Banks are expecting increased US Collateralized Loan Obligation (CLO) fund issuance after a US court ruled that the funds will shortly be exempt from regulations that require managers to hold some of their deal.

U.S. volatility fund sponsor to tamp down risky strategy

(Reuters) - Two products designed to expose investors to market swings may become less turbulent.

Exclusive: U.S. hedge fund Magnolia Road shuts down after struggling to raise capital

BOSTON (Reuters) - Jame Donath plans to shutter his Magnolia Road Capital, the latest casualty in the $3 trillion hedge fund industry where many small firms are struggling to attract and retain capital, according to a letter seen by Reuters.

Fed in no rush to raise rates: BlackRock's Rieder

NEW YORK (Reuters) - The Federal Reserve is in no rush to hike rates, creating an opportunity for risk assets but posing a threat to long-term bonds, top BlackRock Inc portfolio manager Rick Rieder said on Tuesday.

With $116 billion cash, Buffett says Berkshire needs 'huge' deals

NEW YORK (Reuters) - Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make "one or more huge acquisitions" of non-insurance businesses to bolster results at his conglomerate Berkshire Hathaway Inc.

BlackRock puts gunmakers on notice after Florida school shooting

BOSTON/NEW YORK (Reuters) - The world's largest asset manager put U.S. gunmakers on notice on Thursday that it is no longer business as usual in the wake of a shooting that killed 17 at a Florida high school.

U.S. volatility fund sponsor tweaks strategy after market plunge

NEW YORK (Reuters) - A company behind U.S.-based funds tied to Wall Street's "fear gauge" is making changes to its investment strategy after a sudden market plunge this month routed traders betting on the complex instrument.

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