Original article by Paul LaMonica
Jake Remley, Senior Portfolio Manager at Income Research + Management, spoke with CNN Business about the importance of the robust July jobs report. He suggested that the Fed is less concerned about August job numbers given July’s labor market trends, also noting that the labor market speaks to the underlying strength of the economy.
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.
