... financial complexity should be humbled to note that PIMCO has consistently delivered returns dramatically higher than the S&P 500’s 100% gain over the last decade. The CEF Winner: Stock Funds While PIMCO is winning the CEF race, …
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. …
Bond fund manager PIMCO forecasts that the 10-year Treasury yield is unlikely ... Fortunately, consumer sentiment doesn’t seem to have been hampered by the recent stock market volatility, and showed optimism over government …
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 …
After the first week of 2018 saw strong data and multiple stock-market records ... Meanwhile, Joachim Fels at Pimco points to signs that US jobs growth may be peaking as a “a clear sign that we are reaching the later stages of the …
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
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.
In a letter sent to Pimco employees on Tuesday, Mr. El-Erian wrote that “the decision to step down from Pimco has not been an easy ... being surpassed by the Vanguard Total Stock Market Index Fund. Over all, investors pulled $47 billion …
Shortly after PIMCO re-hired Paul McCulley as chief economist, Bill Gross revealed that he and McCulley had independently come to essentially the same conclusions about the New Neutral paradigm shaping the bond market. In …
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. …