Fink, CEO of BlackRock Inc., the world's biggest money manager, received US$22.9 million in 2013 compensation, and Michael Diekmann, CEO of Pimco's parent Allianz SE ... got about $369 million in distributions from his stock
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 …
One reason for optimism about the future: Roman cited research by Pimco that found that active fixed-income beat their benchmarks at a higher rate than stock pickers. At Pimco, about 83% of funds have better five-year records than their …
The hiccup is whether it’s legally permissible to hand out stock without drivers paying for it ... and then packaging them into bonds they sold to investors such as Pimco. The arrangement allowed lenders to transfer risk and recoup money …
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 …
Pimco's move into stock funds has thus far been a strong, deliberate stride, with the firm poaching some impressive talent and amassing nearly $5bn in a difficult market. But just under two years into its initiative, it remains to be seen whether …
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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The deal with Pimco and Fortess allows the bank to shed the large portfolio ... Register now to create your own custom streaming stock watchlist. NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes. All other quotes are …
the chief investment officer for Angeles Investment Advisors and a Pimco Income Fund client. The fund returned 10.6% in the past 12 months alone and investor money is now pouring in at a pace unseen by any other actively-managed stock
Amer Century invested in 3.75 million shares or 0.29% of the stock. …