The baseline prognosis for global real GDP growth in 2017 remains in the 2.5 to three per cent range, according to a new asset allocation outlook from PIMCO. However, its chief investment officer, Mihir P. Worah, says inflation in developed markets will pick up. He also outlined four key trends investors should keep an eye […]
Get ready for a new macro environment: PIMCO.
U.S. stocks could decline early next year even as the American economy gains momentum. Greg Nott, chief investment officer for Canada and senior portfolio manager at Russell Investments, says high valuations in U.S. equities give them very little room to go up. “We’ve actually been reducing some of our exposure there,” Nott says, noting the […]
Global real estate is blurring borders.
Understanding the opportunities is commodities investing
Alliance Home Healthcare has been ordered by a federal judge to repay a total of US$1,736,339 to its profit-sharing plan. An investigation by the U.S. Department of Labor’s Employee Benefits Security Administration in Chicago found that the Illinois home healthcare provider, its president Dalisay Sulit and its secretary/treasurer Reginaldo Sulit improperly transferred and distributed more […]
Is your bond ETF exposing you to the weakest links?
While much-needed attention is being paid to liquidity, there’s another piece of ETF mechanics investors ought to be aware of—the underlying index. A good article in the Financial Times a couple of weeks ago unpacks some of the key issues with many bond indices, including the outsized impact of the weakest performers.
Where are the opportunities in distressed debt? Try the middle market.
Are exchange-traded funds (ETFs) a systemic risk? A debate is emerging between two of the biggest asset managers in the world: Janus' Bill Gross and BlackRock. No matter which side you're on, however, the debate points to the need for some important changes.