Perhaps not on a par with the Kardashians, but still pretty racy stuff for a stodgy investment manager like Pimco. (For more ... from the Funds Whether a bond fund like Total Return or a stock fund, the impact of heavier-than-normal cash …
In 2009, Mohamed El-Erian, then the CEO of bond powerhouse Pimco, popularized the term new normal to describe ... Despite muted economic growth, the Dow Jones industrial average soared from 6547 at the stock market’s bottom to …
When Bill Gross started Pimco’s most recent effort to expand into stocks three years ago, ... Pimco Stock Expansion Stumbles as Gross Says Equities Cult Dead Home Street Talk Personal Finance Economy Companies Markets …
Pimco said Virginie Maisonneuve, chief investment officer for global equities, would leave at the end of June Pacific Investment Management Co. said that it was closing funds under two of its main stock investment strategies and that …
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 …
Pacific Investment Management Co., best known for its bond funds, runs $27.7 billion in stock mutual funds, according to researcher Morningstar. But the vast majority of those dollars aren’t invested in individual stocks. Instead, most of …
Bond mutual fund titan Pimco is jumping the fence -- into stock picking. The Newport Beach firm, perhaps the world's best-known bond investor, said Monday it would expand into actively managed stock funds. The company also said it …
Pimco’s commentary follows those of investing luminaries like ... It’s clear investors are beginning to feel the jitters, too. U.S. stock indexes are already staging a pullback, with the Dow Jones Industrial Average DJIA, +0.29% , the S&P 500 …
PIMCO has ended a five-year push into stock investing by shuttering two of its four equities funds and cutting about 30% of the unit’s work force, the Fox Business Network has learned. Continue Reading Below The Newport Beach, California …
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. …