In the Margins
PIMCO agreed to pay $20 million to resolve claims it misled investors and mismarked securities, ending a multiyear investigation into a fund formerly managed by Bill Gross. The Securities and Exchange Commission said PIMCO wasn’t clear with investors about the early success of its PIMCO Total Return Active ETF. Read the original story from The Wall Street Journal.
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Mutual fund industry veteran Frank Nasta, who retired from JPMorgan's U.S. funds business in mid-2018, is among three new independents nominated to join the Federated Hermes ...
Building and maintaining a diverse membership has become a top priority for many mutual fund boards in recent years, and new data shows this focus is ...
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