Despite the exit of some major firms, asset managers representing $4.6 trillion say they remain committed to the initiative.
PIMCO’s Crescenzi touts the steadiness of the central bank chief who conquered inflation four decades ago.
Central banks in emerging markets have hiked at different speeds, with the best currency gains going to an aggressive Brazil.
After an eight-year run, Fed rate cuts and a slowing economy are seen as poised to weaken it.
One sees parallels to 2007 in current market conditions.
While currently a small part of overall business, private credit could help pension funds meet returns.
The erstwhile Bond King reveals surprises as he heads for retirement.
Performance-based model, new leadership strengthens position.