Gundlach: Fed Might Raise Rates ‘Just to See What Happens’
The DoubleLine CEO also says he has "mixed feelings" about not partnering with Bill Gross; sees oil prices dropping further.
El-Erian Tells Investors to Sell Stock
The Allianz economic advisor sees a bumpy road ahead and warns investors to keep some "dry powder" on hand.
Investors Want Higher Yields but Fear Rising Rates: Survey
Franklin Templeton poll finds many fixed-income investors lack understanding of key bond dynamics.
PIMCO Outflows Painful but Not Deadly: Morningstar
The flagship Total Return Fund had $50 billion in net outflows in the past two months, but Morningstar sees positive future potential.
Former PIMCO Parent Pacific Life Moves Accounts to Janus
Pacific Life is moving some money to Bill Gross’ new firm, Janus, which said the decision pre-dated Gross’ exit.
Fidelity Launches Actively Managed, Fixed Income ETFs
Fidelity Investments is expanding its ETF offerings with a suite of actively managed fixed income funds.
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.
Is a Tax Bomb Looming for PIMCO Investors?
Total Return Fund outflows could lead to a host of consequences for the investors who stay. And that’s a problem for all mutual fund investors.
El-Erian Talks Jobs, Particularly Bill Gross’
Mohamed El-Erian, former PIMCO CEO, was surprised to hear the news of Gross’ departure.