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 …
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 …
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 …
a closed-end fund is listed on a stock exchange and trades like a stock, trading usually either at a discount or premium to its net asset value. The drop in PIMCO's closed-end funds also comes after a report from AllianceBernstein said it …
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, formally the Pacific Investment Management Company, is far from the only asset manager to deliver subpar returns in the last few weeks. Stock prices have fallen, and the broad universe of bond mutual funds has had the biggest …
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. …
Pacific Investment Management Co., manager of the world's largest mutual fund, said returns from U.S. equities will decline from their historic averages over the next decade as the U.S. economy grows at a slower pace. Equities will return an …
The Vanguard Total Stock Market Fund has overtaken the Total Return Fund of Newport, Calif.-based Pacific Investment …
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 …