Pimco

The new location will initially have 200 employees, most of which will be in areas like technology and wealth management.

The firm had strong net inflows to its U.S. Income Fund as well as strategies including long duration and income.

Winners were from Fidelity, Causeway, T. Rowe Price and Prudential.

Portfolio managers from T. Rowe Price, Fidelity and Pimco are among those nominated for the awards.

Coming up with a solution will be challenging because of U.S. sanctions.

“People need to know what the rules are,” an industry consultant says.

One alternative tactic, though expensive, includes buying put options on equities or an index, according to the team.

The manager expects the rule would remove some of the impediments faced by wannabe ETF issuers.

Managers are asking the SEC to relax constraints it imposed on the funds as they become the fastest growing products for investing in equities.

These investments offered better returns than the broader fixed-income world in recent years, but the risk/reward equation leans heavier on risk.