Investors Exit Active Funds to Tune of $159B Over Past Year: Morningstar
Morningstar reports $14.3 billion exited U.S. equity mutual funds and ETFs in July, but J.P. Morgan, American Funds buck active trend.
Gross’ Fund Rises After Tweaking ‘Shorts of a Lifetime’
The Janus (ex-Pimco) fund manager anticipated a slump for German debt and Chinese equities; Janus Global up 0.8% in July, 1.6% YTD.
PIMCO Is Over ‘Gross Effect’ as Break-Even Nears, Owner Says
Investors pulled $2.5 billion from Total Return in July vs. $3 billion in June, the Newport Beach, California-based firm says
PIMCO’s Latest Woes: The Good, the Bad & the Ugly
The SEC is looking at “odd lot” pricing of non-agency MBS, which is no simple matter, says a Morningstar researcher.
Grantham, Kelly & Krawcheck to Speak at Morningstar Confab
The popular investment conference takes place Wednesday through Friday in Chicago and should draw at least 1,000 advisors.
PIMCO Outflows After Gross’ Exit ‘Staggering’: Morningstar
Institutional outflows remain an issue for the fixed-income shop, according to the research firm.
Apple Is the New Pimco, and Tim Cook Is the New Bond King
Tech companies hoarding cash have become big fixed income players, going after investment-grade offerings.
PIMCO Funds Down, Not Out (Yet): Morningstar
Still, the group has lost 37% of its assets since January 2014, Morningstar research shows.
Gundlach: Bond Market Pushing Fed to Tighten
The DoubleLine CEO is positive on emerging-market debt and isn't worried about junk bonds.
Bill Gross: Asset Prices ‘Are Bubbled’
Meanwhile, the Janus bond fund he leads attracted nearly $58 million in April.