Ritholtz: The Easy-Money Stock Market Is Over
There's a palpable tension in the equity markets, Barry Ritholtz writes. So what is happening beneath the surface?
Advisors Leave PIMCO, Not to Follow Gross
Advisors are moving client money from the Total Return Fund and others Bill Gross once managed, to comparable "drama-free" funds.
S&P 500 Pares Biggest Loss Since 2011; Bonds Trim Rally
Jittery markets go through wild ride but recover at close. S&P lost 3% but ended day down 0.8%.
Fidelity Launches Actively Managed, Fixed Income ETFs
Fidelity Investments is expanding its ETF offerings with a suite of actively managed fixed income funds.
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.