Money manager attracts $6.7 billion as Pimco's flagship bleeds: Morningstar.
Redemptions top the $23.5 billion that left Pimco in September as investors continue to pull money in the wake of Bill Gross' exit.
Giant of active management joins other fund companies asking for new rules to allow it to offer more ETFs.
Luck and skill should be of great interest when evaluating active managers and here's one way to assess the balance.
Unconstrained bond funds have showed disappointing returns this year; 1.7% year-to-date compared with 5.6% for its benchmark.
Focus on industrial production data from the Federal Reserve
RCAP may remake itself to boost value with stock down 39% since late October
People don't understand their coverage and the choices they can make to maximize their benefits and minimize unnecessary spending.
After slipping from a record high, stock futures point to the S&P's advancing again.
Friday <i>Breakfast with Benjamin</i> highlights the downsides to cheap U.S. oil. Plus: Maybe you don't need long-term-care insurance, the high risks of not saving for retirement, Putin becomes a gold bug, and why you might get a raise in 2015.
After strong growth, the category suffers its first outflows in two years in the month of October. Redemptions were dominated by a continued sell-off of the MainStay Marketfield Fund, the largest in the alternative category.
Slow eurozone recovery has investors on hold
Howard Present leaves as firm faces regulatory scrutiny over how it reported performance.
On Thursday's <i>Breakfast with Benjamin</i> menu: A string of catty comments accompany a Morningstar talk-up of Pimco's outlook. Plus, what municipal bond investors can learn from Detroit and Stockton, avoid getting sucked in by the market's latest winning streak, and much more.
Rally pushes valuations to highest level since 2009; financials in focus.
Both companies controlled by the REIT czar but broker-dealer not involved in accounting trouble at American Realty Capital Properties.
For advisers, it's time to get familiar with the terms under which union employees receive health care.