Bond chief Hasenstab sees rising interest rates wreaking havoc.
Veteran investor cites the level of debt that has accumulated since the financial crisis.
Veteran investor cites the level of debt that has accumulated since the financial crisis, especially in the U.S.
Jerome Powell's background in financial services is viewed as a plus.
Customers can sell out of existing positions, but can't buy into the funds, company says.
The company says it is responding to demand from its growing client base.
More than $46 billion went to taxable bonds last month, versus $17 billion flowing into stock funds and ETFs.
Private-equity backers embrace the expanded access to investors.
Over the past week, 401(k) participants have been trading much more than usual, moving from equities into fixed income and money funds.
Treasury 10-year yield is trading at a four-year high at 2.85%, stoking fears of Fed tightening
The market sell-off highlights the virtues of hedging.
The S&P 500 is now more than 10% off the record it hit on Jan. 26
Just 22% say they plan to expand use of outside private-equity funds
Exchange-traded products tied to volatility were a 'major driver' of Monday's mayhem.
Leuthold Group's Doug Ramsey points to the market's experience in 2007 as a road map.
ETNs tied to volatility took a beating when stocks plunged.
His Janus Henderson fund fell 0.8% on Monday, the most in a year.
Before the market's sell-off, banks had turned investments linked to volatility into a hot item.
Credit Suisse to redeem volatility note; more than a dozen other funds have suspended trading
The value of the XIV exchange-traded note plunged more than 80% in late trading Monday
