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
ASA Gold and Precious Metals Ltd. shareholders voted at a special meeting last week to enlarge the closed-end fund's board and elected a fifth independent director, one ...
Members of the Heartland Funds board and Heartland Advisors management team spent a recent evening together sharing a meal. Of course it's not unusual for independent ...
Average compensation among mutual fund independent directors was higher in 2024, when compared to the year prior, an increase that was more than double what their ...
Comprehensive guidance on the oversight of sub-advisers that exists in the market has served mutual fund boards well for over 15 years. These frameworks remain foundational, ...