Original article by Gertrude Chavez-Dreyfuss
Jake Remley, senior portfolio manager at Income Research + Management, provided insights in an original article for Reuters on U.S. Treasury yields and Fed tapering. Jake suggested that the Fed might do a two-part taper, tapering mortgages first and then Treasuries, or convert mortgage buying into Treasury buying. He added that the Fed has many other options to announce the taper across the board.
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.
