Pimco

Analysis of funds that have sustainable equivalents shows there’s neither a long-term edge nor a sacrifice for picking one strategy over the other.

The federal judge said he would have sentenced the firm’s former chief executive to a year but gave him “a discount” for his extensive philanthropy.

The firms broke with Climate Action 100+, a group of money managers overseeing more than $33 trillion, during this proxy season.

The underperformance is a rarity for the fund, which has beaten the benchmark for nine of the past 10 years.

The firm's global economic adviser laid out perhaps the most concise and straightforward case I’ve seen yet for what structural changes are behind this phenomenon of paying for the privilege of purchasing debt.

Issuers are creating multi-factor funds that offer exposure to several return-enhancing characteristics.

The renamed Janus Henderson Absolute Return Income Opportunities Fund reflects a “team entity, not a single manager,” new lead manager Nick Maroutsos says.

The onetime king of the bond market doesn’t blame his personal ordeals for poor investment decisions; in fact, he says, they probably made him better.

At Pimco, the fixed-income giant he co-founded, Bill Gross racked up one of the longest winning streaks of any money manager.

CEO Manny Roman expects the move will help the firm cash in when the next economic downturn comes.

To fill the gap, they are looking at the existing debt market with fresh eyes, tapping into potentially overlooked asset classes.

The shift in strategy comes as central banks move away from policies that have buttressed markets since the financial crisis.

Rebranding efforts from Allianz’s $595 billion asset management arm are aimed at reassuring investors that stock pickers are worth the extra fees.

These funds emerged as investors sought yield amid an otherwise low-interest rate environment. As rates normalize, does this approach still have a purpose?

A growing chorus of experts see losses ahead, but there are good arguments on the other side.

The holdings demonstrate “resiliency over several credit cycles, with low realized principal losses and robust returns for CLO equity,” managers say.

Uncertainty over the euro’s future sent the Janus Henderson manager’s $2.1 billion fund plummeting nearly 3%, making a bad year even worse.

The firm’s investment in Beacon Platform will be used to deliver quantitative research tools to its 240 portfolio managers globally.

The strategy has been one way asset managers have pared losses after 10-year Treasury yields reached 3%.

Issuers and investors stand to benefit from the provision, which makes it easier for managers to select securities for their funds, but not without risk.