pimco

PIMCO's Bill Gross has warned the US authorities are focusing too much on reducing the budget deficit instead of tackling the country's unemployment problem, which could derail the recovery.

‘If in doubt, delegate' seems to be the mantra of a growing number of investors this year, as asset allocation portfolios giving managers discretion to shift capital between markets are a popular choice.

As investment styles fell from favour during the credit crunch, and certain asset classes were unloved as a result of Europe's debt crisis, some veteran asset managers have had to change their spots.

PIMCO's Bill Gross is urging investors to play the safe end of the credit space by shunning duration risk, as rising inflation hits yields.

PIMCO is launching a bank capital securities fund in conjunction with family office Fleming Family & Partners (FF&P) to take advantage of new regulations implemented under Basel III.

PIMCO's Bill Gross has urged investors to focus on emerging market debt and shun US government bonds amid low rates and rising inflation which have left treasuries looking "overvalued for decades".

PIMCO has expanded its global equity platform with the launch of two emerging market funds.

PIMCO has put forward a SEC filing for the launch of an exchange traded version of Bill Gross' Total Return fund, the world's largest bond fund, CNBC has reported.

Warren Buffett, Bill Gross and UK fund stars including Jim Leaviss have seen their warnings on US treasuries proved right as S&P downgraded its outlook for US credit.

Sparks and Dickstein expect US Fed to keep holding asset class in short term