On Tuesday the Pacific Investment Management Company (PIMCO) announced that its chief executive officer and co-chief investment officer, Mohamed El-Erian, will be leaving ... it was overtaken by the Vanguard Total Stock Market Fund as …
Get used to lower returns on stocks and bonds, Pimco's founder and co-chief investment officer ... Maureen Farrell is a staff writer at CNNMoney and covers Wall Street, banking, mergers and the stock and bond markets. Prior to joining …
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 ...
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 …
Around that same time, Mr. Williams said, senior Pimco management “attempted unlawful trading on inside information involving stock in El Paso Corporation.” Mr. Williams also said that last March he noticed the “artificial manipulation” of …
(Reuters) - PIMCO’s Bill Gross says he expects stocks and bonds to return less than 5 percent in 2013, with the U.S. unemployment rate remaining at 7.5 percent or higher. “1) Stocks & bonds return less than 5%. 2) Unemployment …
Warren said it would allow Janus to attract money to its fixed income funds, which currently total $31.4 billion, a fraction of Pimco’s. Janus stock soared $4.78 to $15.89. Legg Mason rose $2.09, or 4 percent, to $50.77 and BlackRock …
He is also a global strategic advisor for Pacific Investment Management Company, LLC (PIMCO). In addition ... corresponding to around 3.6% of the capital stock, …
The stock market crash in 2000 turned out to be a boon for Mr. Gross, as many investors saw a need to increase their holdings of bonds. At the same time, baby boomers were beginning to retire and sought the reliability of fixed-income …