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The Pimco Total Return Fund, Pimco's flagship bond fund, will be soon permitted to invest up to 20% of the Fund in junk bonds, up from 10% currently.
May 18
- Money Management Executive
While the 22nd-largest ETF provider by assets might have chosen a ticker such as LOL or YOLO for its Global X Millennials Thematic ETF, it opted for the much more staid MILN.
May 18 -
Leaving her professional home to join Jeffrey Gundlach in the launching of DoubleLine Capital was a career-defining moment for Bonnie Baha, the director and founder of the firm's global developed credit unit.
May 17 -
State Streets asset management unit said Nick Good and Rory Tobin will take over management of the firms global exchange-traded funds business.
May 17 -
All of the women selected in this year's Money Management Executive's Top Women in Asset Management Awards are bona fide leaders and innovators, actively seeking solutions to the market, regulatory and operational challenges facing firms.
May 16
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Faced with negative interest rates in their own countries, foreign banks and pension funds are looking increasingly toward U.S. municipal bonds.
May 16 -
Pimco's outflows continued, though at a slower pace, according to Allianz Chief Financial Officer Dieter Wemmer.
May 11
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Out of the 72 ETFs created this year, most either have an overly complex design or track a trendy (yet less than substantive) theme.
May 10 -
The asset management industry's involvement in the digital advice space continues to deepen, as firms focus on providing institutional solutions for advisors.
May 9 -
New York City Council Speaker Melissa Mark-Viverito has asked the SEC to investigate OppenheimerFunds, saying the asset management company has played a role in worsening Puerto Ricos fiscal crisis.
May 9
