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 …
Around that same time, Mr. Williams said, senior Pimco management “attempted unlawful trading on inside information involving stock in El Paso Corporation.” Mr. Williams also said that last March he noticed the “artificial manipulation” of …
The news that Vanguard\’s Total Stock Market Index fund overtook the Pimco Total Return Fund as the largest open-end mutual fund in October serves as one more example of the diverging nature of stock flows versus bond flows. It\’s …
Investors are playing a dangerous game, according to Pimco's Bill Gross. In his monthly investment outlook, the bond king characterized central banks' "medicine" of loose monetary policy as a "desperate gamble to promote growth." The …
Warren said it would allow Janus to attract money to its fixed income funds, which currently total $31.4 billion, a fraction of Pimco’s. Janus stock soared $4.78 to $15.89. Legg Mason rose $2.09, or 4 percent, to $50.77 and BlackRock …
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'AAA' ratings assigned to the auction-rate preferred shares (ARPS) issued by the following four closed-end funds managed by Pacific Investment Management Company …
Stuart Varney put the question directly to me last week during his Fox Business show: What do I make of comments from PIMCO's Bill Gross…that he's ... harps on individual stock pickers because he believes that index investing is the …
There's a lot of noise, from data revisions and Trump tweets, trade-war threats and hopes of growth from tax policy, a wobbling stock market ... a marked change …
NEW YORK (Reuters) - The Pimco Total Return Fund, the world's largest bond fund ... and by October it lost its title of world's largest mutual fund to the Vanguard Total Stock Market Index. In recent letters to investors and posts on social …
A spokeswoman for Janus did not immediately respond to requests for comment. Pimco announced the Wells notice after U.S. markets closed. Janus shares fell 3 cents to $16.35 in trading on the New York Stock Exchange.