pimco

The US regulator is investigating how bond giant PIMCO prices its exchange-traded funds after it became concerned the group may have artificially inflated returns on one of Bill Gross' ETFs.

PIMCO's giant Total Return Bond fund - headed up by Bill Gross - suffered outflows in July, clocking up its fifteenth straight month of withdrawals, according to new data.

European peripheral debt has rallied this month, after the European Central Bank (ECB) cut interest rates and loosened monetary policy, but should investors cash in or buy more?

Overseas investors may abandon gilts in the run-up to the vote on Scottish independence, with volatility likely to jump as uncertainty increases.

PIMCO is continuing its expansion into equities with a number of new funds.

Bill Gross's PIMCO Total Return Bond fund performed worse than 94% of peers last month, putting more pressure on the fixed income guru who is already facing increasing scrutiny over his management style.

CONTRARIAN INVESTOR

Mohammed El-Erian, chief executive of PIMCO and the man perceived by many as Bill Gross' heir apparent at the largest bond manager in the world, has resigned from his role.

PIMCO's $244bn Total Return fund made its first annual loss since 1999 last year, as the sell-off in US treasuries and other fixed income asset classes took its toll.

J.P. Morgan Asset Management (JPMAM)'s Tony Lanning has bought into a resources ETF across his multi-manager range, after exhausting the search for an active alternative.