Traders responded to Thursday's ugly selloff and volatility spike with a relief rally on Friday. The S&P 500 (SPX) hit an early morning low at 1,966.22, but caught fire in the afternoon. The S&P recovered the 50-day moving average level which …
Shortly after PIMCO re-hired Paul McCulley as chief economist, Bill Gross revealed that he and McCulley had independently come to essentially the same conclusions about the New Neutral paradigm shaping the bond market. In …
Andrew Bosomworth, PIMCO Such a change would answer a beef that German economists ... despite all the cash injected into the economy over the last …
But Pimco already has “shadow equity” which is traded among Pimco employees; there’s no reason that it couldn’t get listed as some kind of tracking stock. And that tracking stock could be a very valuable acquisition currency as Pimco
David Fabian: As an investment adviser I talk with clients and investors all day long. Some know exactly where they are …
Beleaguered Deutsche Bank AG (USA) (NYSE:DB) has so unnerved the market that its borrowing costs are now among the highest in Europe, but at least DB got a vote of confidence from one of the largest asset managers on the planet. …
The Funds' daily New York Stock Exchange closing market prices, net asset values per share, as well as other information, including updated portfolio statistics and performance are available at pimco.com/closedendfunds or by …
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In a letter sent to Pimco employees on Tuesday, Mr. El-Erian wrote that “the decision to step down from Pimco has not been an easy ... being surpassed by the Vanguard Total Stock Market Index Fund. Over all, investors pulled $47 billion …
Pimco’s assets have stabilized at about $1.5 trillion after hemorrhaging that followed the acrimonious September 2014 exit of longtime Chief Investment Officer Bill Gross. (File photo: The Orange County Register) Pimco’s assets have …
The Vanguard Total Stock Market Fund has overtaken the Total Return Fund of Newport, Calif.-based Pacific …