“Bond King” says the firm's flagship fund is starting to do better.
Ex-employee alleges low-cost fund provider operated as an illegal tax shelter, avoiding about $1 billion in taxes over 10 years
Chief executive says leveraged ETFs could 'blow up' the industry, but some ETF fans disagree.
Pimco's storied but embattled bond king seeks to rebuild Pimco's flagship fund, as well as his reputation. <i>Plus: <a href="http://www.investmentnews.com/section/specialreport/20140615/MUTUAL">Our full mutual funds special report.</i></a>
As stocks cross a symbolic threshold, advisers fear clients' rushing in at potential market peak.
At its annual conference, the ICI contended that mutual fund investors would be hurt by risk designation
Low-cost index funds capturing 25% of new assets but drive just 5% of revenue.
New unit will influence product selections for 15,000 advisers managing $1.6 trillion in assets.
The SEC appears to be pushing ahead with its money market mutual fund reform. The question remains which funds will escape the agency's float proposal; for brokerages and retirement plans, the devil is in the details.
CEO says the consulting business will operate 'conflict-free.'
