Pimco’s El-Erian Pessimistic on Japan Recovery, Europe Debt Crisis
PIMCO's CEO and co-CIO warns of a slower Japan recovery from earthquake and its aftermath, and worries about Europe’s ineffective response to the debt crisis.
Pimco Leaders Assess Markets, Government Policies
Pimco's CEO and Co-CIO Mohamed A. El-Erian says business at the bond shop is "booming," which is not a good sign for the U.S. economy,...
PIMCO Launches Corporate, Build America Bond ETFs
PIMCO said its two new exchange-traded funds, the PIMCO Build America Bond Strategy Fund (BABZ) and the PIMCO Investment Grade Corporate Bond Index Fund (CORP), began trading on Tuesday.
Bond Boom Good for PIMCO, but Not for U.S. Economy, El-Erian Says
PIMCO's CEO and Co-CIO Mohamed A. El-Erian says business at the bond shop is "booming," which is not a good sign for the U.S. economy, he told Bloomberg in a radio interview on Friday, September 10.
Bond Boom Good for PIMCO, But Not for Economy, says El-Erian
The bond group also plans more equity funds, as leaders Gross, El-Erian and McCulley give the Obama Administration policy prescriptions for turning the U.S. economy around.
PIMCO Launches Its First ETF
The PIMCO 1-3 Year U.S. Treasury Index Fund (TUZ) began trading in early June. This ETF focuses on U.S. Treasuries with short-term maturities and is benchmarked...
New CEOs at Vanguard, Pimco
Bill McNabb has succeeded Jack Brennan as Vanguard's CEO, making him the third CEO in Vanguard's 33 years as an investment firm. Brennan remains chairman...
Is Your Portfolio Bilingual?
Harvard University's rich (and closely watched) endowment continues to capture stellar returns. The $29.2 billion Harvard investment portfolio earned an annualized 10-year performance of 15.2 percent...
The Bond King's New World
In the world of bonds, there is PIMCO, and there is everyone else. Once a boutique fixed-income shop, opened 33 years ago in the placid...