PIMCO calls for €30bn injection into Italian banks
An equity injection of €30bn to €40bn could revive Italy’s beleaguered banks according to PIMCO’s global head of financial research Philippe Bodereau.
An equity injection of €30bn to €40bn could revive Italy’s beleaguered banks according to PIMCO’s global head of financial research Philippe Bodereau.
Investment manager Pimco has been fined nearly $20m (£15.9m, €18.9m) by the US Securities and Exchange Commission (SEC) for misleading investors about the performance of its actively managed Total Return ETF.
Online wealth manager Moneyfarm has announced two new appointments to its senior team.
PIMCO has launched the PIMCO Global Investor Series US Investment Grade Corporate Bond Fund.
A month after the Bank of England’s stimulus announcement, PIMCO UK credit manager Ketish Pothalingam said there is still untapped value in sterling credit, which he bets will weather a 12-month slowdown in United Kingdom growth.
Traditional asset allocation models tend to use the language of fixed income when comparing equities and bonds, with measures of yield the focus.
PIMCO has appointed Emmanuel ‘Manny’ Roman as its next chief executive officer.
Financial markets have undergone substantial changes as a result of regulatory shifts, but according to Pimco’s global head of portfolio risk management, William de Leon, much of the volatility currently in evidence has more to do with central-bank induced uncertainty than illiquidity.
Low, zero or even negative rates do not bring about the rebounds in growth and inflation that neo-Keynesian models predict, said PIMCO’s Scott Mather.
In the latest twist of the Bill Gross versus PIMCO saga the latter hit back, calling the veteran manager’s claims “legally groundless.”
Allianz Global Investors’ capture of former M&G Bond Vigilante Mike Riddell is a marquee signing, but the jury is still out on what it means for both his new funds and employers.
Cricket aficionado or not, I’m sure by the shrieks and screams across your office this morning that you’ll know we’ve had something of a cracking start to the fourth Ashes test match.