Pimco says time to buy riskier debt as the U.S. will avoid recession
"Pimco’s belief that the U.S. economy will avoid recession this year bolsters our view that it’s time to move into credit," Mark Kiesel, chief investment officer for global credit at Pimco, wrote.
Trump, Anti-Establishment Politics Baffle Markets: El-Erian
The future of the U.S. economy is an "open question" given the political situation, says the Allianz economic advisor.
Bill Gross: Deficits Plus Demographics Equal Disaster
As more retirees burden fewer workers, Americans will need "extra doses of Xanax, or additional slices of cake, to cope," says the bond guru.
Investors Pulled $35B Out of Active Funds Last Month: Morningstar
Some (but not all) PIMCO funds are losing investors at a fast clip, while Vanguard shines.
PIMCO Managing Director Bhansali Quits, Opens LongTail Alpha
The Harvard-trained physicist will lead tail-risk focused strategy and says volatility and risk today make timing "optimal."
3 Muni Trades That Pushed PIMCO to Top in Year of Distress
The firm left out some risky debt while embracing certain securities that looked promising.
PIMCO Dethroned as Emerging-Market Bond King
Stone Harbor Fund rises to top of emerging market heap, as PIMCO is battered by strong dollar and big bets on Brazil.
8 Funds Get New Morningstar Ratings
One fund is upgraded, while others get downgraded by analysts with the research group.
PIMCO Says Gross Lawsuit Is ‘Reputational Warfare’
The fixed-income guru’s former firm moves to get a suit he brought thrown out of court in California.
Walter Gerken, who led Pacific Life in Pimco era, dies at 93
He died Oct. 5, according to a statement Monday from Pacific Life Insurance Co. that didn’t disclose a cause of death.