Institutional Investors Add Risk; Outlook More Positive For 2021
A rotation by sovereign wealth funds and other institutional investors to add risk since the COVID-19 pandemic, moving from cash and bonds to stocks, may have further to run as many still have large cash positions.
Russia's $4B Bond Sale Defies UK Spat As Bids Roll In
A deepening diplomatic spat with the West and a fresh round of penalties weren’t enough to deter investors from bidding for almost double the $4 billion of euro bonds sold by Russia. Institutional investors from the UK snapped up half the 2047 notes on offer, while Russians were the biggest buyers of a new 11-year bond.
Japanese Companies Are Rushing To Sell Longer Dated Bonds
Japanese companies are selling super-long bonds amid expectations that Haruhiko Kuroda’s reappointment as central bank governor will prolong easy monetary policy, even as increases in overseas yields put pressure on Japanese market rates to rise.
'Terrible Mistake' For Long-Term Investors To Be In Bonds, Says Buffett
Warren Buffett prodded ordinary investors to stay invested in U.S. stocks, ignoring price swings, guidance from people with fancy credentials and the temptation to load up on bonds.
Bond Fund Manager Who Called Dollar’s Slide Says ‘It’s Not Too Late To Move Out Of US Bonds’
In March of last year, Jack McIntyre, a portfolio manager with BrandywineGlobal, said the dollar was “starting to roll over” and suggested investors move their money into emerging-market sovereign bonds.
China's $11T Bond Market Is Winning Foreign Investors
China’s efforts to open up its domestic bond market, the world’s third largest, are starting to pay off, by pulling in foreign investors drawn to relatively high yields in a newly stable currency. It’s a crucial step to balancing pressures on capital flows in and out of China.
Bonds Face Biggest Bear Market In Almost 40 Years, Says Dalio
Ray Dalio, billionaire hedge fund manager, said that the bond market has slipped into a bear phase and warned that a rise in yields could spark the biggest crisis for fixed-income investors in almost 40 years.
Emerging Markets' Dream Run Could See Reality Check In 2018
<p>Bulls will retain the upper hand in emerging markets next year, though some assets may face a bumpier ride than in 2017. Bonds and equities in developing countries will continue to streak ahead, outpacing their developed-nation peers into next year, according to a Bloomberg survey of 20 investors, traders and strategists.</p>
Stocks Are At Highest Valuations Since 1900, Goldman Warns
A prolonged bull market across stocks, bonds and credit has left a measure of average valuation at the highest since 1900, a condition that at some point is going to translate into pain for investors, according to Goldman Sachs Group Inc.
Politics Matters Less and Less, Danish Pension Fund Giant Says
Denmark’s largest private pension fund isn’t that interested in politics anymore.
Allan Polack, chief executive officer of PFA, argues that lawmakers and political leaders are out of touch and that globalization has made their decisions less relevant to the business community.