Pimco
Credit investors will benefit from financials becoming more ‘utility-like’, says Pimco’s Spajic
With banks cutting leverage, increasing capital and changing their funding models, they offer good value for credit investors.
Sponsored forum: US inflation derivatives
Developments in the US inflation derivatives market
Inflation options popular as investors look for protection
Popular protection
Henderson recruits Griffiths as credit analyst
Henderson recruits Griffiths as credit analyst
LBO companies face debt restructuring risk – Pimco's Jessop
The executive vice-president and portfolio manager at Pimco talks about the asset manager’s plan to broaden its high yield offering, and where he sees the current risks and opportunities in that market.
Pimco recruits chief for Asia-Pacific office
Ki Myung Hong joins the asset manager from Bank of America Merrill Lynch.
'Forum shopping' frustrates European high yield investors
An increasing number of European companies are moving their operations abroad to avoid punitive bankruptcy regimes, leaving bondholders at a disadvantage.
LBOs remain vulnerable to restructuring, says Pimco’s Jessop
The current low default rate in the high yield market does not tell the full story, the executive vice-president and portfolio manager at Pimco tells Credit.
Opaque bond documentation a risk to high yield investors
Market participants have warned an increasing number of European high yield bond offerings are accompanied by unclear – even misleading – documentation.
Quant Congress USA: Asset class diversification outmoded, says Pimco MD
New regime needs macro diversification, says Vineer Bhansali
Eurozone contagion fears hit eastern Europe as investors seek safe havens
Bond investors are looking to the relative safety of Poland and the Czech Republic as the Eurozone debt crisis takes toll on eastern Europe’s smaller economies.
Isda AGM: Greek CDS reflects fundamentals, says UniCredit's Lim
High credit default swap spreads on Greece reflect real concerns, not speculation, and demonstrate the product's usefulness, Isda heard on Friday.
Pimco CEO to retire
Bill Thompson, chief executive of the US asset management firm Pimco, will retire at the end of the year, to be replaced by co-chief executive Mohamed El-Erian.
SPV Ruling: Counting the cost
The recent crop of high-profile accountancy scandals has forced the US accounting regulator to clamp down on the 'creative' use of special purpose vehicles to shift liabilities off balance sheet. Saskia Scholtes investigates the ramifications for firms…
Extreme Outsourcing
"Lift-out" outsourcing projects by major institutional firms prime the pump for the rest of the industry.
Deutsche goes extra mile to underwrite Pimco CDO
Deutsche Bank has agreed to allow Pacific Investment Management Company (Pimco) full and unfettered access to its proprietary portfolio of corporate loans to secure the underwriting mandate for Pimco’s forthcoming Euro-denominated CDO.