Edition:
United States

Jennifer Ablan

Stock ETFs, corporate bonds, junk debt enjoy another week of inflows

Apr 18 2019

Investors' appetite for risk was on display yet again this week with huge cash inflows into U.S.-based stock exchange-traded funds, corporate bond funds and high-yield "junk" bond portfolios, according to Refinitiv's Lipper research service data on Thursday.

Bridgewater warns of peak U.S. profit margins, lower stock prices

Apr 17 2019

The major drivers of high U.S. corporate profit margins are unsustainable and "now under threat", which will eventually result in much lower equity prices, Bridgewater Associates, the world's largest hedge fund, said on Wednesday in a report.

U.S.-based investment-grade bond funds extend 2019's weekly inflow streak

Apr 11 2019

Investors put money to work in corporate credit markets in the latest week, with U.S.-based investment-grade corporate bond funds attracting about $3.47 billion in the week ended on Wednesday, the group's 11th consecutive weekly inflow, according to Refinitiv's Lipper research service data on Thursday.

Huge inflows to U.S. high-yield bond, investment-grade debt funds

Apr 04 2019

Investors' appetite for risk-taking was strong in the latest week, as U.S.-based high-yield junk bond funds attracted more than $2 billion in the week ended Wednesday, marking the group's fourth consecutive week of inflows, according to Refinitiv's Lipper research service data.

Aramco treads carefully on Saudi ties as it markets debut bond

Apr 04 2019

LONDON/NEW YORK/DUBAI For Saudi Aramco and its advisers, a debut international debt issue that could raise well over $10 billion presents a key challenge - how to forge an identity as a state-owned major while in the same league as the likes of Exxon Mobil and Shell.

Aramco tapped Allianz's El-Erian as informal adviser before bond roadshow

Apr 03 2019

Saudi Aramco, the world's biggest oil producer, tapped Mohamed El-Erian, chief economic adviser at Allianz, as an informal adviser prior to the company's roadshow for its first-ever debt offering, according to two sources.

Life after ECB's 'Super Mario' unnerves global investors

Mar 26 2019

LONDON/NEW YORK "Whatever it takes" is a daunting legacy for any departing central bank chief to bequeath a successor and leaves world markets anxious about what is to come after Mario Draghi leaves the European Central Bank later this year.

DoubleLine's Jeffrey Gundlach calls Fed's 'reversal' on rates 'stunning'

Mar 21 2019

The Federal Reserve's cautious stance on raising interest rates could backfire by creating uncertainty in the economy and hurt the U.S. central bank's credibility, Jeffrey Gundlach, chief executive of DoubleLine Capital, said on Thursday.

UPDATE 1-DoubleLine's Jeffrey Gundlach calls Fed's 'reversal' on rates 'stunning'

Mar 21 2019

March 21 The Federal Reserve's cautious stance on raising interest rates could backfire by creating uncertainty in the economy and hurt the U.S. central bank's credibility, Jeffrey Gundlach, chief executive of DoubleLine Capital, said on Thursday.

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