US - Moody's has become the second ratings agency to place fixed income funds on review for possible downgrade over concerns they are either entirely or largely directly invested in US Treasury and government agency securities.
The 12 funds affected include those run by Goldman Sachs Asset Management, SEI Investments, Wells Fargo, Swisscanto and iShares/BlackRock. The move comes days after Standard & Poor's placed 76 b...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
