Original article by Liz McCormick
Jake Remley, senior portfolio manager at Income Research + Management, shared his views about the Federal Reserve’s role in the housing market with Bloomberg. Jake argued that the U.S. central bank should start scaling back its mortgage-bond buying as home prices rise. He suggested the Fed invest in Treasuries instead, citing national debt and inflationary pressures across markets.
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.
