Janus Buys VelocityShares, Giving Gross Fixed Income ETF Launching Pad: Morningstar
The $30 million acquisition positions Janus “within the rapidly growing rules-based and active ETF universe," says Janus Capital CEO Richard Weil.
PIMCO’s Q3 Outflows Top 5% of Assets
The big bond shop’s AUM declined by about $23.5 billion after Bill Gross departed for Janus.
Morningstar: PIMCO’s Post-Gross Total Return Fund Is Fine—for Now
While the fund has seen “significant outflows,” PIMCO has “sufficient liquidity” to handle it, says Morningstar’s fixed-income team.
Natixis: Ebola Won’t ‘End the Capital Markets as We Know Them’
David Lafferty, chief market strategist at Natixis Global, says U.S. economy remains strong despite market selloff and disturbing geopolitical events.
Fed Saw Global Slowdown Among Risks to Outlook
Markets surge after FOMC meeting minutes reveal still dovish tendencies on rates.
Schwab Drops PIMCO Total Return From Target-Date Retirement Fund
Schwab also removed PIMCO as SMA manager in the Schwab Institutional Core-Plus Fixed Income Trust Fund.
Gary Shilling: 4 Warning Flags Threatening U.S. Stocks
There are several foreboding signs of darker times ahead for the market, Gary Shilling warns.
Watch Out, Gundlach: Bond King Gross Could Rise Again
Study showing "bond king" alpha declines as AUM rises suggests Gross can rise again via his new fund — and that Gundlach should beware.
SEC’s Gallagher Warns of Bond Bubble
Retail investors would be most vulnerable to a sell-off in the $10 trillion bond market, the commissioner says.
Global Realities Won’t Overcome Investor Complacency: Searching for Alpha for October 2014
Stocks, bonds and credit finished in the red in September, but the current bull market has as much to do with sentiment as fundamentals.