In the Margins
PIMCO has built an alternative investments funds business focused on real estate and distressed debt over the past 10 years, creating a bright spot in the firm's quest for profitability and growth. The Newport Beach, Calif., firm has more than $24 billion in hedge funds and private equity funds that are sold only to institutional investors. They have become increasingly attractive as the 30-year bond rally comes to an end. Read the original story from BloombergBusiness.
Most Read
Cybersecurity continues to be an area of focus for the Securities and Exchange Commission staff and an important area of oversight for directors of investment companies. ...
Thrivent Financial is entering the interval fund business and has assembled a new board to oversee its first offering, the soon-to-be-launched Thrivent Church Loan & Income Fund. ...
Independent mutual fund directors saw markedly smaller increases in pay in 2017, when compared to the year prior, according to the results of the Independent Directors ...
The parties in a 2014 lawsuit accusing PIMCO of overcharging Total Return Fund shareholders while lavishly compensating CIO Bill Gross and CEO Mohamed El-Erian agreed this week ...