In an already rough year, exit of the Bond King could lead to more funds flowing out.
Today's <i>Breakfast with Benjamin</i> sees stock and real estate bubbles on a collision course, gold prices stuck in neutral, Bill Gross cutting Treasury bond exposure, and much more.
More than 600 funds have exposure to Argentina's debt, but consequences may be limited for investors.
Move to Janus was a complete surprise to company, bosses in Germany.
New three-person team at the world's largest bond fund says they can handle outflows and will rely on a similar strategy to the departed Bond King.
Monday <i>Breakfast with Benjamin:</i>Gross, Ivascyn to square off. Plus: The outlook for Pimco outflows is bad and worse, global markets keeping an eye on Hong Kong civil unrest, a warning about fixed indexed annuities, buying ahead of ex-dividend dates, and running the numbers on Roth IRAs
Global StocksPlus & Income Fund slips 9.2% to $22.80
A timeline of the tumultuous 2014 for Gross and Pimco
In today's <i>Breakfast with Benjamin</i>, signs point to a wild month ahead for the markets, Michael Lewis dishes on 'secret' Goldman Sachs tapes, the Alibaba bloom is already off the rose, and more.
Regulator reportedly questions whether fund company artificially boosted returns in its big fixed-income ETF by relying on lofty valuations; smaller firms could be at risk.
$3.6B ETF is reportedly is being investigated over whether it artificially inflated asset prices to boost returns.
Less transparency for new products seems in conflict with the SEC's interest in increased disclosure of mutual fund holdings.
<i>Breakfast with Benjamin:</i> The Fed now says consumers are saving too much. Plus: SEC reforms add risk to money market funds; considering a worst-case-scenario for economic growth; what Eric Cantor brings to Wall Street; and another case for long-short equity investing.
This edition of <i>Breakfast with Benjamin</i> covers Bill Gross getting beaten at his own game, the SEC's focus on liquid alt funds, Obama's attack on corporate inversions, and more.
Deputy CIO Ivascyn sees opportunity in “prolonged and significant dislocation” in bonds backed by assets issued before markets collapsed.
The road Andrew Balls took from journalist to one of Bill Gross's new top deputies &mdash; all by the age of 40 &mdash; went through Oxford and Harvard, with a stop at Stanley Fischer. He's likely to become one of the public faces of Pacific Investment Management Co., so there are some things to know about him.
Aim is to create relevant benchmarks &ndash; and maybe a product.
Manager of the long-short fund calls asset decline 'natural organic redemption' but others see investor focus on return.
<i>Breakfast with Benjamin:</i> Remember housing stocks? You should. Plus: How Pimco stepped in it, academics take on high-frequency trading, the bad math behind climate-change regs, and men are better retirement savers than women.
