Newsmakers
Pension Funds Appear Unfazed by Potential US Default
They have ample liquid assets—and show little sense of fear.
Tag: default
Newsmakers
State & Municipal Treasurers Publish Letter Encouraging McCarthy to Make Deal on Federal Debt Ceiling
They say a default would be ‘catastrophic’ and devalue portfolios, damaging pension funds and 401(k) plans.
Newsmakers
Post-Election Market Trajectory: Rocky at First, Then Steady
Strategists think the prospect of a gridlocked Congress will ultimately be good for stocks, with a couple of big exceptions.
Asset Management Culture
How Asset Owners Can Integrate ESG into Fixed Income
Greater data in the asset class will go a long way, says a Willis Towers Watson report.
Alternatives
Credit Investments to Watch: Private Credit, Securitized Credit, and Alpha-Oriented Mandates
Asset owners should dig their heels into renewables financing, bank capital relief trades, and other less ‘vanilla’ strategies, says Willis Towers Watson.
How ABS Survived the March Wipeout and Staged a Comeback
Asset-backed securities, the runt of fixed income, boast sturdy cash flows, among other worthy attributes.
Why to Invest in 2 Frontier Markets: One Stable, One Not
Panama is solid, but ever-troubled Argentina does offer spot opportunities.
Coronavirus - COVID-19
30% of Home Mortgages Could Default, Moody’s Warns
If virus-fueled economic crunch lasts through summer, look out, says economist Mark Zandi.
Straw in Wind? Near-Junk Ratings Dominate US Corporate Bonds
Baa–rated issues reach record, although defaults at this stage are not worrisome, Moody’s data indicates.
CalPERS to Declare Two Districts in Default
Committee proposes a reduction in benefits for state workers in two delinquent districts.