Bill Gross, Pimco\’s co-chief investment officer ... stocks and bonds had a negative correlation — as stock prices rose, bond prices fell — reflecting fairly traditional risk-on, risk-off behavior. Once the financial crisis hit, the correlation ...
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 …
A spokeswoman for Janus did not immediately respond to requests for comment. Pimco announced the Wells notice after U.S. markets closed. Janus shares fell 3 cents to $16.35 in trading on the New York Stock Exchange.
Clarida is currently an economics professor at Columbia University and also serves as Global Strategic Advisor for PIMCO. Trump also intends to nominate ... its rating on the food and beverage company's stock to Sell from Neutral.
Stock valuations haven’t collapsed ... He is the chief economic adviser at Allianz SE, the parent company of Pimco, where he served as CEO and co-CIO. He was …
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 …
Australians are being "irrationally exuberant" and borrowing too much to invest in housing, exposing the economy to financial shocks, global bond fund giant PIMCO says ... the bursting on the technology stock bubble. It is a term …
LONDON (Reuters) - Pimco's new global equity chief plans a first batch of new hires that could see her investment team grow by half as the U.S. bond powerhouse boosts its stock offering - and one of those running money will be her. That …
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'AAA' ratings assigned to the auction-rate preferred shares (ARPS) issued by the following four closed-end funds managed by Pacific Investment Management Company …
Stuart Varney put the question directly to me last week during his Fox Business show: What do I make of comments from PIMCO's Bill Gross…that he's ... harps on individual stock pickers because he believes that index investing is the …