◀ The Principal Blog

What do My Relatives and PIMCO Have to do with the Future of the Defined Contribution Market?

My relatives recently asked me what they should do with their fixed income allocation now that Bill Gross left PIMCO. My answer was simple: find fixed income funds that minimize sequencing risk. You probably want to stop reading at this point, but please let me finish the story. I suggested to my…

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Fixed Income Liquidity Concerns? You Bet – You Can’t Sit the Fence Given the “Money in Motion”

The effect of shrinking investment banks’ balance sheet on the liquidity of U.S. fixed income markets has been broadly discussed for the past several years. Events such as the high yield outflow this past July and August has been one of the main reasons why the Federal Reserve (Fed) has tossed…

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