May 1, 2012

Gross: Zero-bound interest rates will stall growth, induce serious risks

By Bill Gross

The global economy is floating on an ocean of credit, and a good thing too as our cartoon friend Wimpy reminds us. Without it, he would be a hungry puppy by next Tuesday and nearly seven billion world citizens would be worse off if barter, and not credit, was the oil that lubricated trade. Unlike...

• bonds / fixed income,
• inflation,
• markets,
• Pacific Investment Management Company (Pimco)

April 29, 2012

Gloomy Gundlach sees dark at the end of tunnel

By Andrew Osterland

If last week's buoyant stock market brightened your mood, don't listen to Jeffrey Gundlach. The former bond fund manager at The TCW Group Inc., who launched DoubleLine Capital LP after being fired in 2009 and quickly attracted $30 billion in assets, sees gloom everywhere....

• bonds / fixed income,
• economy / economics,
• mutual funds

April 25, 2012

MF Global's remaining execs won't be awarded bonuses, trustee pledges

By Liz Skinner

Louis Freeh, a former FBI director and MF Global trustee, said he would not recommend bonuses for the three executives who stayed on at the company to help unwind the complex transactions between and among the firm's entities.

• bonds / fixed income,
• brokerage

April 24, 2012

Fed policy makes doing right by clients difficult

By Ben Inker

The following is excerpted from the quarterly commentary of Ben Inker, head of the Asset Allocation group for GMO LLC. To read the full commentary, click here.Over the years, we at GMO have certainly done our share ...

• asset allocation,
• bonds / fixed income,
• cash management,
• Federal Reserve,
• GMO LLC,
• risk management

April 24, 2012

Why Merrill is overweighting corporate credit

The following is excerpted from a report by the Chief Investment Officer Team for Merrill Lynch Wealth Management. The team is headed by Lisa Shallet, CIO of Merrill Lynch Global Wealth Management and head of investment management & ...

• asset allocation,
• bonds / fixed income,
• earnings,
• emerging markets,
• equities,
• Merrill Lynch

April 17, 2012

LPL: Tax rate changes show little impact on markets

By Jeffrey Kleintop

The following is excerpted from the weekly market commentary by Jeffrey Kleintop, chief market strategist for LPL Financial. To read the full commentary, click here.[April 17] is tax ...

• bonds / fixed income,
• equities,
• legislation and regulation,
• markets

April 15, 2012

Munis may take it in the teeth after all

By Andrew Osterland

Meredith Whitney was a little off her game when it came to the municipal bond market. But she may yet be vindicated — not because of her prediction of mass defaults, but as a result of the red flag that she raised about the financial state of cities and towns....

• bonds / fixed income,
• Investment Company Institute (ICI),
• municipal bonds

April 11, 2012

Time to shift to stocks from bonds: Loomis Sayles' Fuss

By Jason Kephart

Legendary bond investor Dan Fuss says investors should swap market risk for company risk

• bonds / fixed income,
• equities,
• money managers

April 10, 2012

Merrill: 12 portfolio ideas for 2012

The following is excerpted from a report by the Chief Investment Officer Team for Merrill Lynch Wealth Management. The team is headed by Lisa Shallet, CIO of Merrill Lynch Global Wealth Management and head of investment management...

• bonds / fixed income,
• equities,
• investment strategies,
• Merrill Lynch,
• risk management

April 8, 2012

Pimco Total Return attracted $1.7B in first quarter

By Bloomberg News

Bill Gross' Pimco Total Return Fund, the world's biggest mutual fund, attracted $1.7 billion in investor deposits in the first quarter as performance rebounded. The last time the fund gained was in the third quarter of 2011, when it brought in $2.3 billion, according to data...

• bonds / fixed income,
• mutual funds,
• Pacific Investment Management Company (Pimco)