Hints and tips:
...The Macquarie bond strategy can invest up to 100 per cent of its assets in sovereign bonds, up to 70 per cent in investment grade credit and up to 20 per cent in high-yield and/or emerging market debt instruments...
...It would be odd for anyone to show that the average high- yield fund does not earn returns in excess of its risks, and think that they have proven anything useful. There is something to this....
...As a result last week tumbling bond prices pushed yields on benchmark 10-year Treasuries to a 16-year high of nearly 5 per cent....
...Only one of the 20 — the $151mn iShares Interest Rate Hedged High Yield Bond ETF (HYGH), the sole fixed income fund on the list — beat the 19.4 per cent decline in the Morningstar US Market Index....
...Clifford Chance has hired Jill Concannon Christie as a US securities and high yield partner, based in London. She joins from White & Case....
...of historically aggressive market intervention,” said Marty Fridson, chief investment officer of Lehmann Livian Fridson Advisors LLC....
...In the latest quarterly letter to investors in his $13bn-in-assets fund, Mr Loeb wrote that he was “dismayed” by the Fed’s decision to buy shares in exchange traded funds that own high-yield bonds....
...Valuation – 21E PE 8x, FCF Yield 7%, Div Yield 4.9% What else? Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Quick Hits — What’s on the markets radar Here’s an interesting observation on high-yield credit from Marty Fridson at Lehmann Livian Fridson Advisors LLC....
...The revamp of what is currently called the telecommunications services sector will also force investors to rethink what has historically considered a defensive part of the market with a high dividend yield...
...Treasuries might boast a far higher nominal yield than virtually all other major government bond markets, but in late September the net currency-hedged yield offered by 10-year Treasuries to Japanese and...
...Ineos Group has hired Jason Meers, a former partner at boutique adviser Ondra Advisors, to join its leadership team....
...“We did determine that Carillion should have been removed from the S&P UK High Yield Dividend Aristocrats Index at the December 2017 rebalance....
...During August, the quality of covenants for high-yield debt suffered its biggest month-over-month recorded decline, according to Martin Fridson, of Lehmann Livian Fridson Advisors LLC....
...Mr Chachra analysed the largest 20 smart beta ETFs listed in the US, which were all invested according to equal-weighted, low-volatility or high-dividend-yield factors from May 2014 to May 2017....
...The analyst estimated that at the time there were 5.6bn sq m of high-rise buildings under construction in China, a number so high — the office space alone equalled a small cubicle for every man, woman and...
...• Royal London Asset Management, the £88bn UK fund company, is expanding its high-yield team with four hires ahead of the launch of a multi-asset credit fund....
...“Our firm has focused on generating replicable and sustainable high-quality returns that yield prudent growth and we will continue to do so for the next two years,” Mr Cohen said....
...William R Rhodes is President & CEO, William R Rhodes Global Advisors, LLC and author of “Banker to the World: Leadership Lessons from the Front Lines of Global Finance.” Back to beyondbrics...
...MLPs are both yield and growth vehicles....
...“We’ve finally figured out a way to make a bond default-free,” says McQuown, a partner at eBond Advisors LLC, a New York-based firm that’s producing the new security. OK....
...High-yield bond issuance by exploration and production companies increased from $2.5bn in 2003 to $27.7bn so far in 2014, according to Dealogic....
...We would also add exposure to US and Japanese stocks, hedged for currency movements to protect against a rising pound, using the iShares S&P 500 GBP Hedged ETF and the UBS ETF MSCI Japan GBP Hedged fund....
...Earlier they traded as high as $110.50.” (Reuters) COMMENTS etc Where is the admission that England has something to lose from Scotland’s departure?...
...Rhodes is President & CEO, Global Advisors, LLC and author of “Banker to the World: Leadership Lessons from the Front Lines of Global Finance....
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