In the Margins

PIMCO, Goldman among junk bond fans

December 4, 2015

By Bloomberg

Junk bonds look ready to post their first annual loss in seven years, but there is a growing group of money managers and Wall Street analysts who maintain that turmoil in the junk bond market will yield the same optimism that has buoyed the stock market in the past two months. Mark Kiesel, CIO for global credit at PIMCO, and Lofti Karoui, credit strategist at Goldman Sachs, are among them. Read the original story from Bloomberg



Most Read

Top of the Agenda - Compensation
IDC study: Director pay up more than 5% in 2022

Independent mutual fund directors earned more in 2022 than they did in 2021, according to industry data obtained by Fund Board Views. The year-on-year increase—a median of ...