BNP Paribas AM hires, Nordea AM loses, Fund failures galore, PIMCO’s AI wariness, Manulife’s goes Robo-AI, The buyback march, Apple’s mistake and much more.

BNP Paribas AM hires, Nordea AM loses, Fund failures galore, PIMCO’s AI wariness, Manulife’s goes Robo-AI, The buyback march, Apple’s mistake and much more.
The positive inflows into bonds and equities during the third-quarter belied an overall mixed outlook.
This week FSA compares the Neuberger Berman High yield Bond fund and the PIMCO GIS High Yield Bond fund.
FSA compares the Pimco GIS Asia High Yield Bond fund and the UBS Asian High Yield Bond fund.
Manusha Samaraweera joins from Pimco, while Haran Karunakaran has been with Capital Group for the past two years.
Nicholas Tong will report to Glen Lee, head of intermediary distribution for Asia ex-Japan.
FSA compares the the Fidelity Funds – Asian High Yield Fund and the Pimco GIS Asia High Yield Bond Fund.
Pimco picks these two resource-rich economies to be global growth leaders over the next few years.
Fixed income witnessed net inflows of S$888.25m during the second quarter, data aggregated by Morningstar show.
Pimco is positive on the asset class given its historical correlation with inflation, supply constraints and the low-carbon transition.
Part of the Mark Allen Group.