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 had …
At the end of April, Vanguard's Total Bond Market Index fund (VBMFX)had $117.3 billion while Pimco's Total Return fund (PMBIX ... Vanguard also runs the largest stock fund on the planet: its Total Stock Market Index Fund (VITSX) has over …
Think the unfolding drama at Pimco can't affect your clients' portfolios? Think again. In the world of portfolio crash-testing analysis, no company is an island. In other words, even if you're not directly exposed to funds managed by Pacific …
On Tuesday, the Wall Street Journal reported that the SEC has been questioning whether Pacific Investment Management Company, more commonly known as Pimco, has been improperly ... You can read MONEY’s take on the pros and …
Pacific Investment Management Co. said that it was closing funds under two of its main stock investment strategies and that its equities investment chief was leaving, a sign that its push for growth in the crowded field of stock mutual funds …
However, much of the day's news overshadowed by the departure of legendary bond investor Bill Gross from PIMCO. Gross is joining Janus Capital Group (JNS), which saw its stock rise 43.02% on the announcement. PIMCO closed-end …
This is clear from CalPERS’ persistence in owning stock in companies like Walmart ... Vanguard mutual funds, PIMCO and the Allstate and State Farm insurance …
The Vanguard Total Stock Market Fund has overtaken the Total Return Fund of Newport, Calif.-based Pacific …
Last December, Gross listed some Pimco picks and pans. Here's what he had to say about portions of the stock market. "Non-Dollar Emerging-Market Stocks" were a pick. "Financial Stocks of Banks and Insurance Companies" were a pan. …
Pimco has worked furiously in recent years to branch into stock investing, but with limited success. The company said El-Erian, 55, will step down in mid-March as part of a broader management overhaul but will remain an advisor to Pimco's …