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. …
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. …
PIMCO has full discretion to use any type of derivatives, leverage and shorting.” Furthermore, “investments in common stock and equity futures are prohibited; other than this, PIMCO can invest in just about any type of security or derivative.
Bill Gross, manager of the world's largest bond fund at Pacific Investment Management Company (PIMCO), rattled bond investors when he announced yesterday (Wednesday) the fund has eliminated its holdings in U.S. government debt. …
Chinese companies will be able to refinance most of their borrowings in the next 12 months as the authorities refrain from carrying out broad-based deleveraging This will contribute to debt expanding faster than nominal gross domestic …
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
An ETF is a fund that’s publicly traded, like a stock. The Journal said the investigation has been under way for a year. Whatever the troubles Gross was facing at Pimco, news of his hiring by Janus Capital sent that company’s stock
Stock traders who do business with Pacific Investment Management Co., better known as PIMCO, say hundreds of people have been evacuated from one of the outfit’s New York City buildings in recent days and have been relocated to an …
Continue Reading Below Stock traders who do business with Pacific Investment Management Co., better known as PIMCO, say hundreds of people have been evacuated from one of the outfit’s New York City buildings in recent days …
Pacific Investment Management Company said it would exit from two of its equity strategies and say goodbye to its chief investment officer of global equities, the latest setback for the bond behemoth’s long-running effort to expand in the …