Pimco

Optimism is building that a game-changing fund design that will help asset managers shrink clients' tax bills will soon be approved by the SEC.

Nervous investors often ask how the presidential election will affect their portfolios. New research offers a simple way to reassure them: Look at the numbers.

“Inflation, currently below 2%, is not going to be below 2% in the next few months,” the retired bond king said.

Two women employees at the firm’s Newport Beach, California office say they were demoted after reporting instances of bias and harassment.

JPST, which tracks investment-grade securities maturing in a year or less, has attracted over $3.7 billion in flows this year.

The wirehouse says it wants to simplify pricing for separately managed accounts and expand client choice.

Withdrawals this year have equaled almost half of last year’s inflows, leaving Pimco with net outflows of $46.8 billion in the first quarter.

It’s the latest example of how firms who spent the past decade battling low yields are now raising cash to seize on deep discounts from the coronavirus.

Dubbed Disco III, the fund will target leveraged loans, high-yield bonds and collateralized loan obligations.

The smart-beta pioneer and sub-advisor to money managers has re-calibrated its forecasts after the coronavirus-induced crash reshaped markets.

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.