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
Securities and Exchange Commission Chairman Gary Gensler’s fast and furious rulemaking era will soon be ending, and it is a good time to take stock of ...
Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...
The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...
The bottom line: In the near term, it’s not likely that the roles and activities of mutual fund directors will change much. There will be no ...