Original article by Michael Haley
Lyniese Patterson, Portfolio Manager at Income Research + Management, shared her thoughts on the recent shift in the U.S. high-yield market. Lyniese believes there is a more positive environment for issuers to come to market and that investors want deals to come, creating a more optimistic outlook.
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.
