Portfolio trades, in which multiple bonds from different borrowers change hands during one transaction, are “a direct result of the growth of fixed income ETFs and their associated ecosystem,” according to a BlackRock report.
Peter Mallouk is the President of Creative Planning, and at Wealth/Stack 2019 in Arizona, he spoke at a finance conference for the first time ever in his career.
The head of asset allocation for $40 billion Pacific Life Fund Advisors (PLFA), Pacific Life’s multiasset investment division, on the continued appeal of high-yield bonds and why he’s staying away from leveraged loans.