Janus Taps New CEO, Pimco Veteran
Janus Capital Group says Richard M. Weil has been appointed chief executive officer and a member of the board of directors, effective February 1. Janus Chairman...
High-Quality Bond Funds -- Year-End 2004 Review
Pesky Bonds Survive Against The Tide
American Maintains Lead in Fund Sales
Dec. 1, 2004 -- American Funds continued to lead U.S. mutual fund complexes in sales in October, and its Growth Fund of America/A (AGTHX) again...
PIMCO Settles with SEC
WASHINGTON (HedgeWorld.com)-PA Fund Management LLC, PEA Capital LLC and PA Distributors LLC agreed Monday to settle charges they allowed market timing in PIMCO Funds Multi-Manager Series mutual funds. The three firms, which used to share the PIMCO name but have been rebranded, collectively will pay US$40 million in civil penalties...
Pimco Units Settle SEC Fraud Charges
Sept. 13, 2004 -- Three units of Pimco Funds agreed to pay $50 million to settle charges by the Securities and Exchange Commission that they defrauded investors by permitting rapid trading in mutual fund shares. Under the settlement, the units will pay $40 million in penalties and will disgorge $10...
SEC Charges PIMCO With Fraud and Market Timing
May 6, 2004 -- The SEC said it filed civil fraud charges in federal court against PIMCO Funds for defrauding its mutual fund investors in...
Civil Fraud Charges Filed against PIMCO Advisors
WASHINGTON (HedgeWorld.com)--The Securities and Exchange Commission today filed in federal court civil fraud charges against PIMCO Advisors. The charges came as no surprise following a February...
Pimco Advisors Charged With Fraud
An excerpt from the Feb. 18, 2004, edition of The Wall Street Journal
Stock Fund Assets Swell
July 1, 2003 -- The stock market's recent rally continued to encourage investors to put money into stock funds last month, according to Financial Research...
Investing With E. Clifton Hoover Jr. of Pimco NFJ
An excerpt from the June 15, 2003, edition of The