Legendary investor Bill Gross has reached an $81 million truce with Pimco, ending a war with the firm he founded and built into the world’s biggest bond manager. Gross ... Read More
Ms. Stafford is currently Global Head of PIMCO’s Consultant Relations Group Replaces Eric Mogelof, Managing Director, who is relocating to New York to head firm’s U.S. Wealth Management business ... Read More
Italian online wealth manager Moneyfarm has made two senior appointments to support the growth of the company. Richard Flax, previously portfolio manager at Pimco and Goldman Sachs Asset Management, ... Read More
The Securities and Exchange Commission today announced that investment management firm Pacific Investment Management Company (PIMCO) agreed to retain an independent compliance consultant and pay nearly $20 million to ... Read More
Filings show bond funds bought distressed debt in 2014 German banks have biggest incentive to take Hypo Alpe offer As the health of banks roils markets anew, the last financial crisis ... Read More
Firm calls suit ‘legally groundless and sad postscript’ to a storied career Pacific Investment Management Co. on Monday asked a California court to throw out the civil lawsuit of ... Read More
Pimco sees increase in amount or duration of ECB buying BlackRock’s Krautzberger says ECB may `intensify’ purchases Europe’s biggest bond funds are queuing up to predict that the European Central Bank ... Read More
The Pimco Total Return Fund, whose long-time manager Bill Gross unexpectedly departed on Sept. 26, ended October with a slight decrease in U.S. government-related holdings and a slight increase ... Read More
Nothing crystallised the controversy over Bill Gross’s management style at Pimco so much as the suggestion that one underling was so unhappy he quit to sell croques monsieur from ... Read More
Financial experts warn that a small group of giant asset managers that have amassed high-risk, high-yield bonds could find themselves unable to raise enough cash during a sell-off. When ... Read More
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