Equity Funds Up 16.6% in 2010 on Big Q4 Gains
Lipper data show that this fund group improved about 10.5% in the fourth quarter.
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,...
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.
Another Good Month for Bonds
Inflows into bond and equity funds in June were $25.5 billion, according to the Financial Research Corporation of Boston. Close to half of these flows,...