Pacific Investment Management Co.
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Allianz AUM drops 6% in quarter; PIMCO outflows total $32.5 billion
trueThird-party assets at Allianz Group, Allianz’s money management unit, decreased 6% to €1.32 trillion ($1.44 trillion) over the three months ended June 30, despite slower net outflows for PIMCO.
PIMCO clients pull $2.5 billion from Total Return Fund in July
trueInvestors pulled $2.5 billion from Pacific Investment Management Co.'s flagship fund in July, the 27th consecutive month of outflows from what used to be the world's largest mutual fund.
PIMCO gets Wells notice over Total Return Fund ETF
truePIMCO said regulators are considering taking action against the firm over marking of securities in the exchange-traded fund version of its flagship Total Return Fund.
Looking beyond A shares inclusion in emerging market indexes
trueThe Chinese government's recent strong-arm market tactics might push back the day when A shares garner a toehold in emerging markets indexes, but some money managers already are looking ahead to the day when the country's huge, vibrant equity market outgrows those indexes.
PIMCO executives say they've adapted to life after Bill Gross
trueFrom asset outflows and restructuring of the investment committee to the evolving role of regulators in attempting to protect investors, PIMCO's top-level executives shared the inside scoop on their money management firm Friday morning in Chicago at the Morningstar annual investment conference.
Sonoma County takes PIMCO core-plus bond strategy off watch
trueSonoma County Employees' Retirement Association removed Pacific Investment Management Co. from its watchlist.
Gross' fund at Janus suffers estimated $13 million in May outflows
trueThe Janus Global Unconstrained Bond Fund, managed by William H. Gross, suffered estimated investor withdrawals of $13 million in May, a month when performance faltered.
Publix Super Markets drops PIMCO Total Return for Baird fund
truePublix Super Markets added the Baird Aggregate Bond Fund to the investment options lineup of its 401(k) plan.
PIMCO Australia names head of investment due diligence group
trueDavid Erdonmez will join PIMCO Australia in late June as a senior vice president, account manager and head of the firm’s investment due diligence group.
Money manager assets increase thanks to rising markets
trueMoney manager assets rose modestly in 2014, due more to market gains than net inflows.
Firms large and small benefit from PIMCO's problems
trueBoth large and small fixed-income managers benefited from the turmoil at PIMCO in 2014 as institutional investors moved assets out of the bond giant and into core-plus strategies run by other firms, Pensions & Investments data and interviews show.
PIMCO's global equity CIO to depart as firm liquidates two equity strategies
trueVirginie Maisonneuve, PIMCO's chief investment officer for global equities, is resigning as the firm closes two equity strategies, the money management firm disclosed in a statement on Thursday.
PIMCO Total Return loses world's largest bond mutual fund title
trueTwo years of client withdrawals at Pacific Investment Management Co.'s flagship have cost it the title of the world's largest bond mutual fund.
Bernanke joins PIMCO for second consulting job in 2 weeks
trueFormer Federal Reserve Chairman Ben S. Bernanke is joining PIMCO as a senior adviser, his second consulting agreement with a top money manager in as many weeks.
San Jose 457 plan replaces PIMCO with Loomis Sayles fund
trueSan Jose, Calif., has added the Loomis Sayles Core Plus Bond Fund to the lineup of its 457 plan, said an announcement on the plan website.