Section Page News - Pensions & Investments

Ancestry.com’s bond voting cap disenfranchises larger holders — report

Brian Croce — Mon, 23 Nov 2020 13:10:07 EST

Provision for 20% voting cap may put issuers "essentially in control over how much that holder can vote."

Keep the active fixed-income times rolling

Aaron M. Cunningham — Tue, 03 Nov 2020 15:29:55 EST

Active bond strategies should be revisited given the low-rate environment. Over the past 10 years, active funds have preformed well, but with more risk.

Moody’s buys minority stake in Malaysian rating agency

Douglas Appell — Wed, 12 Aug 2020 06:44:06 EDT

Moody's has acquired an almost 20% stake in Malaysian Rating Corp., a Kuala Lumpur-based agency covering local bonds and sukuk.

U.S. to start issuing 20-year bonds to fund rising deficit

Bloomberg — Fri, 17 Jan 2020 10:17:50 EST

Treasury will start issuing 20-year bonds, expanding its roster of securities as the government seeks ways to fund a ballooning deficit.

Morningstar agrees to buy credit-ratings firm DBRS for $669 million

Rob Kozlowski — Wed, 29 May 2019 01:00:00 EDT

Morningstar plans to acquire Toronto-based debt-rating agency DBRS for $669 million, seeking to expand its credit-ratings business.

2 large Chinese borrowers are said to miss bond payments

Bloomberg — Mon, 11 Feb 2019 00:00:00 EST

Two large Chinese borrowers missed payment deadlines, underscoring the risks in a credit market that's witnessing record company failures.

Fixed income still prized in asset mix of corporate funds

Rob Kozlowski — Mon, 04 Feb 2019 00:00:00 EST

U.S. corporate DB plans increased their exposures to LDI strategies following large contributions, a strong equity market and rising rates.

Puerto Rico rebound lures mutual funds back to island's bonds

Bloomberg — Thu, 31 Jan 2019 00:00:00 EST

Municipal-bond mutual funds are again buying Puerto Rico's debt as a restructuring of $17 billion in debt moves toward a potential court OK.

High-yield fixed income continues its winning ways

Trilbe Wynne — Mon, 20 Aug 2018 01:00:00 EDT

High-yield fixed income dominated Morningstar's list for a second consecutive quarter.

U.S. bonds become less obvious choice for Japanese institutions

Douglas Appell — Mon, 05 Mar 2018 00:00:00 EST

Rising hedging costs for Japanese investors in U.S. bonds could benefit European credit as well as emerging markets debt and private debt.