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Latest News - Andrew Jones

Veteran BlackRock PM to retire from $18bn fund

Veteran manager of the BlackRock Global Allocation fund, Dennis Stattman, is to retire this August.

Veteran US small and mid cap PM to retire

Veteran William Blair portfolio manager is to retire, leaving behind two funds with a combined $2 billion.

Gundlach plays down HY fears

Bond guru Jeffrey Gundlach looks to emerging markets and infrastructure bonds, and dampens down fears of a high yield meltdown.

MFS promotes PMs in fixed income reshuffle

Boston-based asset manager makes a number of senior management appointments within its fixed income department.

Citi Private Bank gatekeeper exits

Citi Private Bank discretionary portfolio manager departs.

BlackRock EMD chief: the best local currency plays in LatAm

Sergio Trigo Paz reveals how he's playing the emerging markets debt local currency sector and where he's finding the best opportunities.

Fed hikes interest rate for third time in a decade

The Federal Reserve decided to hike the Federal funds rate to the 0.75% to 1.0% range as a result of a strengthening labor market and rising household spending.

Gundlach: Fed has regained cred, will hike till ‘something breaks'

Jeffrey Gundlach, chief executive of DoubleLine Capital, said in a webcast on Tuesday that he expects more sequential hikes from the Fed.

Morgan Stanley's Graystone picks up $576 million team

Morgan Stanley's Graystone Consulting has taken on a $576 million team in Palo Alto, California.

UBS appoints PM as CIO for wealth management business

UBS has promoted its head of asset allocation of asset management to head chief investment officer of global asset allocation of wealth management.