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The New Bond Market: How One Manager Doubles Down On Danger
FYI: (Click On Article Title At Top Of Google Search) When oil prices collapsed late last year, the $83 billion Franklin Income Fund suffered mightily, losing more than $2 billion on its energy-company investments. Ed Perks responded as portfolio managers at Franklin Templeton often do: He doubled down, purchasing $2 billion more of energy-sector junk bonds. Regards, Ted https://www.google.com/#q=The+New+Bond+Market:+How+One+Manager+Doubles+Down+on+Danger+wsj
