Original article by Joy Wiltermuth
Jake Remley, Senior Portfolio Manager at Income Research + Management, weighed in on the debate around the largest current worry for investors – a growth scare for investors, or high inflation. Jake noted that earnings expectations have dropped again, but that bad news could take some pressure off the Fed. As a recession looms, Jake believes the Fed will have to do more to avoid high costs of living from becoming entrenched.
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.
