MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, May 21, 2013 PMs Weigh In as Investors Ignore the Bond Warnings Somebody forgot to tell mutual fund investors about the "great rotation" out of bond funds and into stock funds. Except everybody's been telling them. Alexis Leondis of Bloomberg notes that investors are still piling into fixed income, even after Pimco's [profile] Bill Gross called the end of the bull market in bonds and Bank of America's Michael Hartnett predicted the great rotation. The piece includes tidbits from a number of PMs and others, including: Warren Buffett, chief of Berkshire Hathaway; Ray Dalio of Bridgewater Associates; Mohamed El-Erian, CEO of Pimco; Jeff Gundlach, chief of DoubleLine [profile]; Brian Hogan, president of the equity group at Fidelity [profile]; Vinay Nadkarni, head of financial-intermediary distribution at ClearBridge Investments; Rick Rieder, co-head of fixed income in the Americas for BlackRock [profile]; Lee Spelman, head of U.S. equity client PMs for J.P. Morgan Asset Management [profile]; Larry Swedroe, managing principal of RIA group BAM Alliance; Steve Walsh, co-chief investment officer for Legg Mason's [profile] Wamco; and Dieter Wemmer, chief financial officer of Allianz. Printed from: MFWire.com/story.asp?s=43936 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |