Pimco

Pimco Emea boss Craig Dawson returns to California for new role

Christian Stracke, global head of credit research, will run Emea from bond giant’s London office

1 min read

Pimco promotes Kraus to lead private strategies business across Emea and Apac

Kristofer Kraus will move from New York to London to take on expanded role at the US bond giant

1 min read

Members of the army set up fences in front of the congress centre in Davos as they prepare to welcome finance's elite

Finance bosses snub Davos as ‘conference fatigue’ sets in

Andrew Bailey, Anne Richards and more opt out as critics say ‘no person in their right mind’ would pay $250K entry fee

5 min read

Pimco pulled in €5.9bn across its flagship fund in the first half of the year as bond funds boom

Pimco, M&G pull in more than €12bn amid bond fund bonanza

'Once peak rates are there, fixed income becomes a very credible asset class'

3 min read

Allianz posts €2bn profit

Allianz’s asset-management division — which houses Pimco — posted a 13% fall in operating profit, but recorded net inflows of €14.9bn

1 min read

Although sector flows in Europe dropped in 2022, Vanguard, JPMorgan and BNP Paribas emerged as some of the biggest exchange traded funds winners

Vanguard, BNP Paribas, JPMorgan among Europe’s biggest ETF winners

Data shows just four asset managers increased the amount of new money gathered by their ETF ranges over 2022

5 min read

The fabled bond manager’s top EU staff saw overall pay dip from £35.5m to £30.5m

Pimco European directors’ pay falls 14% in 2021

Despite a drop in combined pay for Pimco’s European directors, the highest-paid executive still pocketed a £3m increase

2 min read

Pimco hit with $30bn outflows as bond giant takes a beating

Allianz, Pimcos's parent company, posted a fall in net profit

1 min read

Amundi, Vanguard and Invesco reported inflows, but others such as Pimco have struggled

Pimco, WisdomTree, Xtrackers bleed $4bn as ETF boom loses steam

Inflows and total assets have fallen in the European ETF space as investors weigh up headwinds

3 min read

Bill Gross

How billionaire Bill Gross U-turned and made $10m shorting GameStop

The co-founder of Pimco said that he is still short of the US retailer's stock

2 min read

Pimco adds former White House defence expert to advisory board

Michèle Flournoy joins a line-up of former central bankers and economists who advise the asset manager

Mohamed El Erian, pictured in 2016 speaking to LinkedIn executive editor Dan Roth. The former Pimco chief executive has spoken out about his departure from the firm, claiming personal reasons and work-life balance played a large role in his decision

Allianz’s El-Erian: I am ‘certainly not’ a billionaire — there are more important things than wealth

El-Erian reminded radio listeners that he stepped down from Pimco after realising how much family life he was missing

Bill Gross

Pimco billionaire Bill Gross pens open letter to neighbour as public spat continues

Gross is said to have repeatedly played the theme tune for 'Gilligan's Island' to annoy his neighbour during the dispute

Pimco’s blockbuster fund just got overtaken as Europe’s largest

Market rallies helped AP7 Aktiefond edge ahead of Pimco’s GIS Income in August, allowing it to be crowned Europe’s largest mutual fund

Mark Carney joins influential Pimco advisory board

Former BoE governor joins Gordon Brown and Ben Bernanke at Pimco's group of heavyweight thinkers

1 min read

BlackRock and Pimco take lead role in managing Federal Reserve’s coronavirus stimulus

US central bank's giant programme of corporate bond buying will kick off in the coming days

10 min read

Pimco says it is too early to hunt for bargains in virus-hit markets

The bond manager believes governments must do more to boost their economies

2 min read

Douglas Hodge, the former chief executive of the investment firm Pimco, arrives at a Boston courthouse before being sentenced in connection with a nationwide college admissions cheating scheme

Former Pimco CEO Hodge handed nine-month prison sentence

Federal judge cites Hodge’s ‘repeated and enduring criminal conduct’ in college admissions case

1 min read

BlackRock's office in the City of London

Bond bounce helps BlackRock and Pimco surge ahead in European fund sales

But Carmignac, Merian Global Investors and Invesco have been wrong-footed by volatility

4 min read