Fixed Income

With interest rates bumping along at low levels, investing in distressed assets has plenty of appeal. However, interest in this asset class — which includes entities in default or bankruptcy — is outpacing activity, especially in what was thought to be an active European market. Veteran banker Robert Willoughby tells Alpha Now why that might [...]

Black Rock CEO Larry Fink likes the outlook for stock prices, as does the equity research team at Goldman Sachs, according to calls both have made recently. (Goldman Sachs took an upbeat view of equities in late March of this year; Larry Fink has been bullish since late June, 2011.) But what is the basis [...]