Hints and tips:
...In more than two decades at SunAmerica, Fowler assembled much of the $5bn portfolio that Blackstone is now buying....
...The carry trade, where low-yielding currencies such as the yen are sold to fund higher-yielding purchases, is a risky strategy, as yield-based gains can be wiped out instantly by volatile price swings....
...Steve Neimeth, portfolio manager at AIG SunAmerica Mutual Funds, said that although yesterday was a relatively slow day, consumer cyclicals had performed relatively well....
International Edition