BlackRock Cuts Fees and Expenses on Three Bond Funds
The cuts come as Bill Gross’ PIMCO departure is sending billions of dollars to competing firms.
SEC Responds to Market Volatility by Ramping Up Bond-Fund Exams
Surging market volatility is making regulators increasingly concerned that bond funds have loaded up on hard-to-sell assets.
Janus Positioning to Gather Money as Gross Move Reshapes Market
Janus is in conversations with countless institutions and advisors as the firm seeks to grab some of PIMCO's outflows, CEO Richard Weil says.
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.
Schwab Drops PIMCO Total Return From Target-Date Retirement Fund
Schwab also removed PIMCO as SMA manager in the Schwab Institutional Core-Plus Fixed Income Trust Fund.
SEC’s Gallagher Warns of Bond Bubble
Retail investors would be most vulnerable to a sell-off in the $10 trillion bond market, the commissioner says.
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.
PIMCO’s Ivascyn to Challenge Gross With Unconstrained Fund
The new group CIO is about to go head to head with Bill Gross in the fastest-growing segment of fixed income: unconstrained funds.
Bill Gross Says Adios to PIMCO, Joins Janus
Gross will start Sept. 29 at the new Janus office in Newport Beach, Calif., and will begin managing the Janus Global Unconstrained Bond Fund on Oct. 6.
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.