Original article by David Randall and Gertrude Chavez-Dreyfuss
Jake Remley, senior portfolio manager at Income Research + Management, offer insights to Reuters on when the Federal Reserve might provide further details on when and how it would taper its Covid-19 crisis bond purchases. Following July’s Federal Open Market Committee Meeting, Jake suggested that the Fed may shed light on its plan to wind down asset purchases at the Jackson Hole meeting this August.
On Thursday, BondBloxx partnered with Income Research + Management (IR+M) to launch the BondBloxx IR+M Tax-Aware Short Duration ETF (NYSE Arca: TAXX).
Veteran BlackRock portfolio manager Joseph Wolfe has come off of the $1.9bn BlackRock Large Cap Focus Value fund (MABAX) and the $7.8m BlackRock Global Impact fund (BGIMX), according to filings with the Securities and Exchange Commission (SEC).
Recent pricing on wholesale ABS deals for chains Wendy’s and Massage Envy illustrate differences on deals in this area of the market, reports Eikon.
