PIMCO Seeks Troubled Assets From Banks
One of the world's largest asset managers is seeking at least $1 billion for a private fund to buy troubled loans from banks.
Search results for: Federal Reserve
Strategic Insight on the Fed’s Quantitative Easing: Tricky News for Bond Fund Investors
Loren Fox, senior research analyst at Strategic Insight, says the Fed's attempt to use quantitative easing to boost the US economy will exacerbate concerns regarding bond mutual fund investors.
PIMCo's El-Erian Warns of the 'New Normal', Says Fed's Moves Could Spur Inflation
Mohamed El-Erian, CEO of the Pacific Investment Management Co. (PIMCo), who popularized the phrase "new normal" to describe how growth will be depressed by consumer retrenchment and tighter financial regulation, says the Fed's purchase of Treasuries will lead to faster global inflation while failing to revive US economic growth.
Fed's Flow of Funds Report Shows US Corporate Plan Assets Shrank 6.8% in Second Quarter
The latest quarterly “flow of funds” report issued by the central bank reveals US corporate defined benefit and defined contribution plans had combined assets of $5.32 trillion as of June 30, a dip from three months prior.
In Europe, Hedge Fund Investors Are Optimistic
According to a survey
by one of the world's largest investment consultants, investors in
Europe have renewed confidence in hedge funds.
Following Pension Lawsuits, Cuomo Charges BofA and Former Executives With Fraud
Andrew Cuomo, New York
attorney general, claims Bank of America, former Chief Executive Kenneth
Lewis and former Chief Financial Officer Joe Price lied to shareholders
about the acquisition of Merrill Lynch & Co.
Obama, On Volcker’s Advice, Proposes Banking Regulations
The proposal, if passed,
likely would lead to the breakup of some of the nation’s largest banks.
PIMCO’s Gross Says Fed Exit May Debilitate Markets
The influential bond fund manager, warning of “carefree check writing,” said that with central bank support removed, markets may suffer.
The ai5000 Top Five Institutional Investment Stories of 2009
The Revelation of the Full Extent of American Endowment Problems Entering 2009, the world knew that trouble was afoot at America’s largest endowments. Reports were emerging from Yale, Princeton, Stanford, Harvard, and others as early as September 2008 that
PIMCO’s Gross Reduces Government Debt Holdings, Moves to Cash
(December 23, 2009) – Bill Gross’s Pacific investment Management Co. (PIMCO), a weathervane for many institutional investors, reportedly has raised its cash holdings to the highest levels since September 2008. According to a report from Bloomberg, PIMCO’s Total Return Fund
Asset Allocation
Endowment Tax Increase Will Have ‘Significant Impact’ on Yale Finances
The tax, which will balloon to 8%, will be an ‘ongoing expense of approximately $300 million per year,’ according to the university’s provost.
Asset Allocation
Stanford’s Merged Pool Returns 14.3% in Fiscal 2025
The balance in the institution’s primary investment vehicle, which includes endowment assets, rose to $47.7 billion in assets under management.
Pensions
Assets of Largest Pension Funds Rise to Record $24.4T
The largest 300 defined contribution and defined benefit plans saw their assets surpass their peaks in 2021.
Asset Allocation
Endowments Could Turn to OCIO Amidst Tax Hikes, Liquidity Pressures
Outsourced CIOs with expertise in complex tax situations have an edge for attracting new clients, according to Cerulli Associates.
Opinion
A Complex Environment for Investing, Governance Raises the Appeal of Investment Outsourcing
Insights from a Fidelity Investments portfolio manager on trends shaping investment strategies of small to midsize endowments and foundations in today's complex market environment.