Pacific Investment Management Company (Pimco)
Watch breaking news videos and read news updates about Pacific Investment Management Company (Pimco) on investmentnews.com
Global consumer confidence soars
Plus: Credit Suisse exits the commodities trading business, Allianz stands by Bill Gross, silver has a golden summer run, three taxes we can all dislike together, and don't let tourist scams rain on your vacation
Pimco performance stats refute Gross' 'turnaround' statement
Underlying risk metrics suggest the Pimco Total Return Fund continues to have a tough time beating competitors.
Pimco on defensive after report that Gross threatened to quit
Pimco continues to stand by its beleaguered co-founder, William H. Gross, following a report that the legendary bond manager threatened to resign after clashing with executives.
Pimco's Gross bets $200 million of cash on low interest rate
Bill Gross has wagered almost $200 million of his own money on a bet that interest rates will stay low.
Pimco Total Return still bleeding
“Bond King” Bill Gross says fund has turned a corner, but investors keep moving money out.
Bill Gross bets on shorter-term bonds in a controversial 'new neutral' strategy
Breakfast with Benjamin: Bill Gross' controversial new strategy. Plus: BlackRock CEO Fink calls out leveraged ETFs, nobody can agree on the gold-price decline, dealing with lump-sum pension offers, a solar company that makes sense, and the various forms of a caffeine addict.
Coming off yesterday's big bounce, futures do not look bright for today
Breakfast with Benjamin: Backing off the big bounce. Plus: Bill Gross confesses, Bank of America pays for cheesy marketing tactics, investing in wind energy and an urgent reminder to change those passwords
Pimco drama proves no stock is an island
Think the unfolding drama at Pimco can't affect your clients' portfolios? Think again.
Advisers ratchet up scrutiny of Pimco
Advisers are ratcheting up their scrutiny of Pimco in the wake of a critical report from Morningstar. While few are pulling assets from the bond fund giant, the possibility is rising. (One big fund shop, however, has replaced Pimco as manager of a large fund.)
What are the economic consequences of the next Cold War?
Breakfast with Benjamin: How the Russia situation could hit the economy. Plus: JPMorgan abandons its commodities business, Morningstar's deep dive into the Pimco mess, expect the expected from Yellen today, retirees give Boomers the playbook, and, big surprise, short-sellers badmouth stocks.
ICI pushes back on too-big-to-fail label for big fund firms
Breakfast with Benjamin: ICI resists 'Too Big to Fail' label for fund firms plus Crimea chooses Mother Russia and what that means for the markets. And guess what, the Fed is out of ammo, Pimco spins the Mohamed El-Erian departure while Mr. El-Erian opens a Twitter account.
Gross: Get to 'old normal' and you'll see growth
Appreciating assets will lead to respectable growth rates and a reduction in unemployment, Pimco chief said in monthly outlook.
Advisers eyeing Pimco carefully in wake of upheaval
Advisers are anxiously watching to see if the fund giant's recent management upheaval masks broader problems that could impact performance. Few are cutting and running. Yet.
Emerging markets get more attractive by the day
Breakfast with Benjamin: Emerging markets getting more and more attractive. Plus: Bill Gross bounces back, the February buying opportunity, this isn't 1929, and Goldman manicures an apology for giving nail files to women.
Janet Yellen takes the helm (and the heat) at the Fed
Breakfast with Benjamin: Janet Yellen takes the helm (and the heat). Plus, data breach at Barclays, Pimco's guide to reducing volatility, investing when you're really scared, and investing when you're in love.
Sponsored by Lincoln Financial Group