In the Margins
Once the world's largest mutual fund, the PIMCO Total Return Fund had its 29th straight month of client redemptions in September. Investors pulled $2.3 billion from the fund in September. This followed $1.8 billion in August, $2.5 billion in July, and $3 billion in June. Assets have fallen to $95.5 billion from an April 2013 high of $293 billion. Read the original story from BloombergBusiness.
Most Read
Over the past several weeks, I have written articles exploring conflicts of interest that could challenge a variety of financial industry participants. Those articles explored potential ...
The Securities and Exchange Commission seems poised to grant exemptive relief to one of the earliest applicants seeking to offer an exchange-traded fund share class, just ...
The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...
Securities brokerage firms are a critical part of the financial landscape, as they provide a vast array of products and services to the financial services industry, ...