The FTSE 100 spiked briefly through 7,000 points on Friday and sterling strengthened as investors woke to news that the Conservative party had beaten even the most optimistic expectations.
Bill Grosss new Janus Global Unconstrained Bond Fund has been made available to European investors, Janus Capital said on Thursday.
The asset management division of Allianz saw operating profit fall 16% to 675m for the second quarter of 2014, on the back of continued third party net outflows of 17.2bn.
According to the Office for National Statistics UK inflation rose from 1.6% in March to 1.8% in April.
Huge net outflows at Pimco held back performance at Allianz, as reported in its Q1 results.
PIMCO’s Andrew Balls outlines how external influences are impacting his views on Europe and explains how they are influencing his investment strategy in the region.
Fears of rising interest rates have sparked new fund strategies to combat risks.
The great rotation from fixed income assets into equities is a fallacy, and post-tapering money moved out of bonds funds has largely made its way into cash or equivalents such as short-dated bonds, says Pimco.
Fixed income giant Pimco has announced chief executive Mohamed El-Erian will leave the company in March‚ to be replaced as CEO by chief operating officer Douglas Hodge‚ who has been with the firm since 1989.
Pimco and Sources latest collaboration is a Ucits ETF offering investors exposure to an actively-managed portfolio of global covered bonds.
In a recent note entitled ‘On the Wings of an Eagle’, Gross, managing director of the bond giant, said moving into higher risk assets or leveraging higher quality assets had been the only options left open to investors as a result of negative real interest rates. But he felt that limitations were starting to show and…
Virginie Maisonneuve has decided to leave Schroders to join Pimco.
