New Hire Roundup: Marc Seidner Joins PIMCO as Managing Director
Also, BlackRock has named Chip Castille chief retirement strategist, a new position.
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.
PIMCO’s New CIO Gives Global Outlook, Sees U.S. Energy as Key Tool
CIO Scott Mather and Greg Sharenow say geopolitical volatility is slowing global economy but see U.S. energy as a stabilizing force.
Bill Gross’ Departure: What Plan Fiduciaries Need to Know
PIMCO's Total Return Fund, previously managed by Gross, is a "pillar" of many 401(k) platforms. Will it stay that way?
Gross’ Move Fogs PIMCO, Janus Futures
Analysts are cautious on what Bill Gross’ departure from the bond giant PIMCO to the smaller Janus means for both firms.
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.
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.
Top Portfolio Products: Stock Split, Euro Stoxx ETFs Launched
Plus, 361 Capital files to launch a long/short product, while Schwab adds Direxion, other ETFs to OneSource.
PIMCO’s ‘Secret’: Its Managers, Including Bill Gross, Still Trade Daily
PIMCO’s Jerome Schneider told Morningstar ETF conference attendees that the bond giant's portfolio managers, even CIO Gross, still spend much of their time trading.
Schwab Adds 65 ETFs to Fee-Free Platform
Investors can now trade more than 180 ETFs online through Schwab with no charge.