The Pimco Income Fund (PIMIX), widely seen by investors and analysts as Pacific Investment Management’s new flagship fund, surpassed $100 billion in assets under management this week, even as fees were hiked on Oct. 2, two sources familiar with the matter said... More »
Three years after Bill Gross shocked the financial world by exiting Pacific Investment Management Co and ending his reign over the Pimco Total Return Bond (PTTRX) fund, investors who stuck with the bond fund have come out ahead of those at most of its rivals. More »
Stockpickers are jumping into the boom in passive investing by loading up on shares of index-provider MSCI Inc, whose products are the basis for dozens of popular exchange traded funds. More »
The boom in exchange-traded funds is leaving so-called sustainable investing behind. More »
Investors battered U.S.-based stock funds with the largest withdrawals this year as wild trading disrupted the market's summertime calm, Investment Company Institute (ICI) data showed on Wednesday. More »
Investors pulled $200 million from Jeffrey Gundlach's DoubleLine Total Return Bond Fund in July, extending an outflow streak that began in November, according to Morningstar Inc data on Wednesday. More »
A Chipotle Mexican Grill is seen in Los Angeles, California, U.S. on April 25, 2016. More well-publicized incidents at Chipotle Mexican Grill Inc restaurants have pushed the shares down 26 percent over the last three months, but the burrito chain is facing a m... More »
Jackson National, the largest U.S. provider of variable annuities, said in a filing on Tuesday it plans to remove Pimco’s Total Return Bond investment strategy from Jackson National’s product line-up and assign management of the $3.5 billion in that fund offer... More »
Several large investment firms are betting on U.S. energy bonds on the view that they have more room to run even after a sharp rebound in performance in 2016. More »
A Pacific Investment Management Co (PIMCO) sign is shown in Newport Beach, California August 4, 2015. REUTERS/Mike Blake Pacific Investment Management Co (Pimco) is replacing the full slate of managers on its Total Return Active Exchange-Traded Fund (BOND.P) a... More »
The offices of Pacific Investment Management Co (PIMCO) are shown in Newport Beach, California August 4, 2015. REUTERS/Mike Blake Investors pulled $1.6 billion from the Pimco Total Return Fund in January, leaving assets under management of $75 billion, Morning... More »
Investors in U.S.-based funds poured $4 billion into investment-grade corporate bond funds in the week ended Jan. 11, marking the funds’ biggest inflows since early February 2015, data from Thomson Reuters’ Lipper service showed on Thursday. More »
Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly Investors’ enthusiasm for equities and corporate bonds showed little sign of waning during the latest week, with funds in ... More »
A sign marks a Fidelity Investments office in Boston, Massachusetts, U.S. September 21, 2016. REUTERS/Brian Snyder Fidelity Investments’ $105 billion Contrafund is having a bad three-year run, but you would never know it by looking at its fees. More »
A screen displays stock charts while a trader works at his post on the floor at the New York Stock Exchange, May 30, 2013. REUTERS/Brendan McDermid With traditional dividend-paying stocks such as utilities and telecom companies trading near record highs, U.S. ... More »
By Trevor Hunnicutt More »
NEW YORK The Janus Global Unconstrained Bond Fund, overseen by widely followed investor Bill Gross, attracted just $58.6 million in net new cash in April, and posted below-average returns, according to Morningstar data on Monday. The fund, which had assets of ... More »
NEW YORK (Reuters) – DoubleLine Funds, whose co-founder Jeffrey Gundlach is widely followed for his investment calls, on Friday reported $945 million in net additional investments in April, the 15th consecutive month it has attracted new money. The Los Angeles... More »
