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.
Bill Gross Jumps From PIMCO to Janus Capital
"Bond King" leaves firm he founded to manage new unconstrained bond fund at Janus; PIMCO taps Daniel Ivascyn as group CIO.
The Rise of Actively Managed ETFs
Active ETFs have grown significantly in the past year and will eventually compete with traditional active mutual funds, SEI and ETF Trends say.
New Hire Roundup: Steve Dunlap to Head Wealth Management at Cetera
Also this week in new hires, Jeff Pawliger was named Janus' regional director for southern Florida, and PFM Group announced that Susan Musselman, Fred Eoff and Johanna Roodzant have joined with the acquisition of SDM Advisors.
New Hire Roundup: New National Segment Leaders at Mercer Hammond
This week in new hires, Mercer Hammond named three new national segment leaders, National Advisors Trust brought in Joseph Morsman, and BKD Wealth Advisors announced internal promotions.
Investor Pitfalls, Profits Abound Depending on Political Winds: Janus Panelists
The health care plan, fiscal cliff and even food sources could affect stocks.
New Hire Roundup: FINRA Adds Three; Eichmann Goes to TheStreet
This week in new hires, FINRA added three new governors; Erwin Eichmann joined TheStreet as general counsel; and Putnam Investments named Darren Jaroch portfolio manager of another fund.
New Hire Roundup: Comfort Joins LPL; Clark Moves Up at Clark Capital
This week in new hires, Robert Comfort went to LPL Financial, Brendan Clark was named president of Clark Capital Management and Ken Paieski joined UAT.
Janus Chooses Fidelity as Retirement Benefits Provider
Fidelity has been chosen by Janus Capital Group (JNS) as its retirement benefits provider, the company announced Tuesday. It will provide a defined contribution plan, a nonqualified retirement savings plan and stock plan services to approximately 1,100 Janus participants with some $250 million in assets under administration when rollout is...
Fund Flows Positive in April: KBW
Net mutual fund flows, both for equity and for fixed income funds, were solidly positive in April, according to data released Friday by Keefe, Bruyette & Woods. Emerging markets saw strong inflows and muni funds were still on the outflow, although that has slowed somewhat.