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 …
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 …
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 ...
There's a lot of noise, from data revisions and Trump tweets, trade-war threats and hopes of growth from tax policy, a wobbling stock market ... a marked change …
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 …
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 …
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.
NEW YORK (Reuters) - The Pimco Total Return Fund, the world's largest bond fund ... and by October it lost its title of world's largest mutual fund to the Vanguard Total Stock Market Index. In recent letters to investors and posts on social …
While the financial world seems focused on the management, mood swings and yoga routines of Californian Bill Gross at PIMCO, the smartest guys in the ... If so, that has plenty of ramifications for the housing and stock markets and the …