Some bonds may be beyond hope, and once the central bank’s backstop ends, there goes the artificial price support.
The position on the senior investments team will replace COIO Debra Smith, who retired this month after 24 years at the fund.
Managers see short-term disruption from pandemic but are optimistic about the long term.
TCA Fund Management allegedly falsely inflated asset values by $130 million.
Longtime CIO Tony Waskiewicz answers the question ‘Would you use the same long-only benchmarks?’