FINSUM

FINSUM

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الثلاثاء, 27 حزيران/يونيو 2023 03:17

PIMCO Launches Two Active Fixed Income ETFs

Pacific Investment Management Company (PIMCO) is launching two new active fixed income ETFs. The firm is already a leader in the active fixed income space, and it continues to offer new products to meet growing demand for the category. Compared to active equity funds, active fixed income has a better track record of outperformance vs passive. Active fixed income funds are also able to take opportunities in different parts of the capital structure that are unavailable to passive fixed income funds.

Its two new offerings are the PIMCO Multisector Bond Active ETF (PYLD) and the PIMCO Ultra Short Government Active ETF (BILZ). PYLD will invest in investment-grade and high-yield fixed income securities globally with a focus on long-term appreciation, diversification, and maximizing yield. PIMCO CIO Daniel Ivascyn sees major opportunities given the turbulence and volatility over the past couple of years.

Its second launch is the PIMCO Ultra Short Government Active ETF (BILZ) which will invest in short-term US Treasuries and mortgage-backed securities with the goals of maximizing yield and capital preservation. It’s designed to be an alternative to cash and a way for investors to take advantage of lofty short-term rates. 


Finsum: PIMCO is launching 2 new active fixed income ETFs. One is a global, multistrategy fund looking at long-term opportunities following recent dislocations. The other invests in short-term government debt and is designed to serve as a cash alternative.

الإثنين, 26 حزيران/يونيو 2023 03:23

Versatility name of game with model portfolios

Talk about the quintessential utility player.

What can model portfolios do? The wind up and the pitch: by leveraging research, market insights and a deep well of experience, these offerings, crafted for clients by asset managers salted away time for advisors, allowing them steer the focus onto clients, according to etfdb.com.

That said, the questions hanging in the stratosphere, according to WisdomTree Investments research, is the way in which advisors, on behalf of clients, enter the terrain of model portfolios. Not only that, which clients will most enthusiastically embrace working with an advisor all in on the models.

“Smaller accounts” might be the way some advisors kick things off – or they might do so with tax exempt accounts. 

Meantime, scoop de jour: investing’s a tough enough nut to crack. Meaning you need every advantage you can leverage.

For example, socking money into a model portfolio means you’ll be packing the insights of indust4ry experts who not only know their stuff – but, heck, in all likelihood, they designed them, according to smartasset.com.

After all, prior to tabbing the assets for each portfolio, financial advisors and investment managers, for the most part, tap their analysis as professionals and deep will of research to generate investment strategies that show that detail’s king. 

الإثنين, 26 حزيران/يونيو 2023 03:22

A meeting with an actual agenda

Seems this wasn’t one of those prototypical meetings convened simply to discuss when to gather to conduct the next prototypical meeting. Ya da and Ya da.

Banking industry leaders from Grant Thornton recently gathered to chew over what prompted volatility to flare up and its impact on not only financial institutions, but the economy as well, according to grantthornton.com.

The one two punch of a lack of liquidity and asset liability management that wasn’t cutting the muster was at the root of the ills. The current environment has stirred plenty of uncertainty. Also deal in the Silicon Valley Bank run and the shuttering of Signature Bank, not to mention the wider sell off of stocks that unfolded at other institutions.

Meantime, typically, it might be sunny there, but in Miami-Dade County, employment in financial activities is burgeoning at a slower rate than last year, according to miamitodaynews.com. In fin-tech companies, prompted by the financial sector’s volatility, jobs are headed south.

The load down: in South Florida, jobs in financial activities climbed by 3.3% from March of last year to March of this year.



الإثنين, 26 حزيران/يونيو 2023 03:21

Longing for your return

Return flights.No return policy.

Well, whichever way you look at it, as the first half of the year hits the rearview mirror, you might say  fixed income has a take of its own. according to schwab.com.

The topsy turvy market aside, all signs are up on year to date returns in virtually every sub asset class of the fixed income market, Modest gains were posted by short term investments with low durations. Meantime, a duo of higher starting coupons and yields, which tracked south, boosted intermediate to long term bonds.

All that said, in 18 months, fixed income markets have been feeling their oats. 

That wasn’t the case last year, according to janushenderson.com. After all, that was in light of the central bank’s concerted monetary tightening. With that, yields rose sharply while the prices of bonds retreated. The feeling toward bonds these days? Markedly different.

Global flows into fixed income? Thumb’s up. Year to date, $152 billion entered fixed income funds, reported EPFR Global.

الإثنين, 26 حزيران/يونيو 2023 03:20

Someone say scalper?

The tickets are going fast.

Must be a rock star in the house. Though not demanding bowls brimming exclusively with red M&Ms, of late, model portfolios have become all that and more, at least as far as some financial professionals are concerned, according to tifin.com

And, hey, they’re onto something. Besides salting away mucho time for investors, giving them all the opportunity to serve more clients with stepped up efficiency, they also play a pivotal role in their ability to ensure investment strategies remain on track throughout the client bases. What’s more, they make sure overexposure to any particular investment or asset class doesn’t burgeon into an issue.

Target risk models are a staple among a plethora of model portfolio types. Among several attributes, they’re designed to align with the goals of investors, who have specific risk tolerances. The range stretches from conservative to aggressive.

So, how popular are they? As of March of last year, assets following model portfolios hardly sat on their hands; they parachuted to $$349 billion, according to Morningstar, reported smartasset.com. That’s an approximately 22% bounce between June 30, 2021, and March 31, 2022.

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