Ex-PIMCO Money Manager Accused Firm of ETF Manipulation
The manager accused PIMCO in a lawsuit last year of manipulating the price of its Total Return ETF, then withdrew his complaint without explanation.
SEC Probes PIMCO Total Return ETF; Firm Says It's Cooperating
“We believe our pricing procedures are entirely appropriate and in keeping with industry best practices,” a firm spokesman said.
PIMCO’s Gross Used $45 Billion in Derivatives to Lift Fund Gain
Bill Gross is relying on derivatives rather than Janet Yellen to raise his returns on government bonds.
Schwab to Launch 6 Fundamental Index ETFs
“We know RIAs have been waiting for these ETFs, and we’re excited to deliver them,” says Charles Schwab Investment Management President Marie Chandoha.
Nontraded REITs: Friend or Foe?
Nontraded REITs may be unsuitable for older investors because of their need for liquidity, but they have their defenders in today's booming real estate market.
Research Affiliates, WisdomTree Settle Dispute
Research Affiliates and WisdomTree Investments said they recently reached a settlement regarding patent infringements and that Research Affiliates will pay WisdomTree $700,000 and withdraw its lawsuit.
Research Affiliates, WisdomTree Settle for $700,000
The ETF provider WisdomTree will receive the one-time payment, and the parties pledge not to sue each other for the next eight years over indexes and strategies.
For Big Banks, It’s a Case of Bill Gross vs. Gundlach, KBW, et al
In the case of Too Big to Fail vs. Market Expectations, it looks like negative market expectations are winning out against the big U.S. banks.
PIMCO Launches Fund to Hedge Inflation Risk
PIMCO announced Tuesday it has launched the PIMCO Inflation Response Multi-Asset Fund. According to the company, the fund is for investors 'looking to hedge global inflation risks and take advantage of returns that inflation dynamics offer.'