0 Pimco's effort to build a stock-fund business, launched under Mr. El-Erian, has faltered just as investors are turning away from bonds in search of higher yields from alternatives such as equities and junk bonds. Mr. Gross's Pimco Total …
Pimco, which is big on visuals — think \”man in the mirror ... Now for the \”expensive part.\” Parikh says U.S. stock and bond markets should deliver returns about 2% to 3% below their respective averages relative to inflation over the past ...
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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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 …
Bill Gross, the co-founder and co-chief investment officer of bond giant PIMCO, says it is time to write the obituary for stock investing as we know it. Writing in his August investment letter, the manager of the world’s largest bond …
Enter the snake into this Eden. The Pimco funds used auction-rate preferred stock to borrow money. As you may know by now, owners of such preferreds are supposed to be able to sell them at face value every seven or 28 days at periodic …
Stock prices were essentially going only one way until the end ... He is the chief economic adviser at Allianz SE, the parent company of Pimco, where he served as CEO and co-CIO. He was chairman of the president’s Global …
The stock market rout is not due to the government shut-down ... but also because the Fed does not play hostage to the equity gang. A Pimco economist told Bloomberg "Equity market behavior is mimicking historical periods of accel …
* Brazil Bovespa falls 1.99 pct, Mexico IPC down 1.26 pct MEXICO CITY, Jan 23 (Reuters) - Commodities producers drove Brazil’s benchmark Bovespa stock index down on Thursday following weak manufacturing data from top trade partner …