Pimco’s assets have stabilized at about $1.5 trillion after hemorrhaging that followed the acrimonious September 2014 exit of longtime Chief Investment Officer Bill Gross. (File photo: The Orange County Register) Pimco’s assets have …
For example, in the StocksPlus fund, PIMCO uses equity index futures to potentially outperform a stock index — and the StocksPlus Total Return goes one step further, mixing in short-term bonds. “It’s pretty innovative,” Nakhooda says. Don …
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 …
The Pimco Income Fund climbed to $88.9 billion in assets last ... Bond funds have been winning cash amid speculation that U.S. stock prices may be reaching unsustainable levels as tax reforms, infrastructure investing and other pro …
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 …
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
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. …
Italian 10-Year notes are yielding about 4.42%. In addition, PIMCO\’s Mohamed El-Erian is out with a piece Monday urging caution in the face of recent stock price surges, noting \”if it weren\’t for the unusual activism of central banks, the Dow ...
26, and Bill Gross ... Inc., a struggling stock fund manager. With Allianz shares starting to slump, the German insurer called its U.S. asset management arm to confirm that the most influential bond manager had just quit. Pimco, based in …
A mere fortnight ago Bill Gross, who manages the world’s largest bond fund PIMCO, was singing the praises of the Treasury Department’s newly-unveiled Public Private Investment Program in the media, which the media in turn credited …
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