Securities and Exchange Commission, has assigned a 'AAAmmf' rating to the Florida Trust Day to Day Fund and 'AAAf/S1' International Fund Credit Quality Ratings (FCQR) and Fund Market Risk Sensitivity Rating to the Florida Local Government Investment Trust - Short Term Bond
Fund, managed by Payden & Rygel.
Third, investors appear to be demanding a higher term premium in the face of rising inflation expectations - the term premium is the additional compensation demanded by investors for holding a long term bond over a short term bond
. "Whether the market price for equities and other risk assets continues to decline will in large part depend on whether the Fed becomes more hawkish going forward.
(RBC GAM Inc.) announced that effective today the Phillips, Hager & North Short Term Bond
& Mortgage Fund (the Fund) will re-open to new investors.
Viking Supply Ships A/S, a shipping company operating within offshore and icebreaking, announced today that it plans to issue a new unsecured short term bond
in the Norwegian bond market with maturity in September 2014.
The fund takes a fund-on-fund approach, gaining equity exposure through the Manulife Canadian Opportunities Fund, and fixed income exposure through fixed income funds such as the Manulife Bond Fund, Manulife Short Term Bond
Fund, and the Manulife Corporate Bond Fund, or a combination thereof," Manulife said in a press release.
KEY RATING DRIVERS - Florida Local Government Investment Trust - Short Term Bond
Additionally, he is a co-manager on Nuveen Asset Management's Short Term Bond
product and is also a member of the Securitized Debt Sector Team.
The investment management mandate spans four fixed income solutions: MD Short Term Bond
Fund, MD Bond Fund, MDPIM Canadian Long Term Bond Pool, and MDPIM Canadian Bond Pool.
ICRA also has an A1+ rating on the short term bond
programme of the bank.
Federated's team of seasoned investment professionals will oversee the management of MMDT's cash portfolio and short term bond
Launched in May 2009, Morgan Stanley Short Term Bond
Fund is an open ended income fund with a stated investment objective to generate income from a diversified portfolio of short to medium term debt and money market securities.
Federated will manage MMDT s Cash Portfolio and Short Term Bond