PIMCO Is Over ‘Gross Effect’ as Break-Even Nears, Owner Says
Investors pulled $2.5 billion from Total Return in July vs. $3 billion in June, the Newport Beach, California-based firm says
PIMCO’s Latest Woes: The Good, the Bad & the Ugly
The SEC is looking at “odd lot” pricing of non-agency MBS, which is no simple matter, says a Morningstar researcher.
RBC Slashes Expenses on 4 Mutual Funds in Bid to Attract Advisors
Under RBC Global’s Cornerstone Investor program, funds’ expenses will be cut 39%-44%; select advisors who invest minimum of $10 million will get institutional-level services.
Pimco Gets Wells Notice Over Total Return ETF Valuations
Regulators are looking at positions in mortgage-backed securities, performance disclosures and other matters.
Icahn, Fink Clash Over Junk Bonds
Investing titan Carl Icahn and BlackRock CEO Larry Fink spar over high-yield debt and the ETFs that invest in it.
Pay Attention, Ignore the Fed
There's a whole generation of traders who have never seen a rate increase, but normalization of interest rates can't get here soon enough for me.
Bil Gross: ‘Zombies’ Roam Economy Thanks to Low Interest Rates
“Low interest rates are not the cure — they are part of the problem,” Gross writes in his latest outlook.
Is Equity Risk Scarier Than Interest Rate Risk in Fixed Income?
The biggest risk in bond portfolios isn't interest rates, two experts say; it's the extra equity risk taken on by investors seeking income.
Fed Says Labor Market Improves as It Moves Toward Rate Rise
The FOMC is moving closer to ending an unprecedented period of near-zero interest rates without providing a clear signal on the timing of liftoff.
Ritholtz: Stop Thinking About the Market as if It Were Human
The language we use to describe market moves changes both our expectations and our behavior.