Original article by Michael Haley
Ginny Schiappa and Lyniese Patterson, Portfolio Managers at Income Research + Management, shared their H2 outlook on the high yield bond market given the slow start to the year. Despite the decline in issuance, both remain cautiously optimistic as to how the rest of the year may play out
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.
