From ftalphaville.ft.com
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Mohamed El-Erian
Mohamed El-Erian, the former institutional investor who managed Harvard University's $35bn endowment, has now returning to Pimco, his former company, as co-chief executive and co-chief investment officer.
Guest post: Pimco chief executive Mohamed El-Erian looks at the Federal Reserve's very delicate balancing act...
The message from the FOMC is clear: let’s not rock the boat in the anticipation (or hope) that the US economy can transition to more robust low-inflationary growth. To this end, the...
- The outlook, Take 2 (syndication.boston.com)
- El-Erian: It's the Levels, Stupid (seekingalpha.com)
- Of Cats and Second Mice (blogger.com)
MOHAMED EL-ERIAN, THE CHIEF EXECUTIVE OF PIMCO and its co-chief investment officer, has predicted that the U.S. economy will be moving into a sluggish "new normal" stage when the recession ends. That stage will be marked by annual gross domestic product growth of no more than 3%, stubbornly high unemployment and more government intervention than was the norm before the financial-sector eruption and meltdown.
Pimco, known formally as Pacific...
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From feedproxy.google.com
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NEWPORT BEACH, CA -- (Marketwire) -- 11/04/09 -- PIMCO, a leading global investment management firm, announced today that it has hired Andrew Jessop as an Executive Vice President and portfolio manager based in the firm's Newport Beach, California office. Mr. Jessop will be a senior member of PIMCO's high yield team. His first day at PIMCO will be November 30, 2009.
"Given Andrew's significant market experience, he will further strengthen...
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From pr-inside.com
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NEWPORT BEACH, CA--(Marketwire - October 27, 2009) - PIMCO today announced that co-Chief
Investment Officer and Founder Bill Gross' November "Investment Outlook" is
available as a free podcast on iTunes.com and pimco.com. This month's
podcast covers topics such as the "new normal," "end of a rally," and
"things vs. paper assets."
Gross, the first major money manager to podcast, offers provocative views
for investing, the economy and life...
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From marketwire.com
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Pimco's Gross calls top of rally in risky assets Almost all assets appear overvalued, bond investment giant warns By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) - Bill Gross, managing director at fixed-income giant Pimco, called the top of the recent rally in stocks and other risky assets on Tuesday. "The six-month rally in risk assets -- while still continuously supported by Fed and Treasury policymakers -- is likely at its...
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From freerepublic.com
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NEW YORK--(BUSINESS WIRE)--PIMCO Corporate Opportunity Fund (the "Fund") (NYSE: PTY), a diversified closed-end management investment company, which seeks maximum total return through a combination of current income and capital appreciation, today announced its results for the fiscal quarter and nine months ended August 31, 2009. At August 31, 2009 2008 Net Assets (a) $1,129,062,984 $1,400,042,987 Common Shares Outstanding 66,785,036 66...
From businesswire.com
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- Latvian Devaluation Is Better Option for Economy, Pimco Says (search.msn.com)
NEW YORK -
PIMCO Municipal Income Fund II (the Fund ) (NYSE:PML), a closed-end
management investment company which seeks to provide current income
exempt from federal income tax, today announced its results for the
fiscal quarter ended August 31, 2009.
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From earthtimes.org
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Harvard University said Friday it lost $1.8 billion in operating cash in the last fiscal year as a result of investing it alongside the university's endowment. The loss was revealed in Harvard's fiscal 2009 operating report. The university said in the report...
Sponsored Topics:
Harvard University - Massachusetts - Financial endowment - Education - Colleges and Universities
From sfgate.com
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- Pimco looks to Asian bonds (ftalphaville.ft.com)
News reports from Bloomberg and Pensions & Investments say that fixed-income giant Pacific Investment Management Co. is considering a move into equity investing. Pimco may hire an existing management team with a track record, according to unidentified sources. But this isn't exactly new news: In ...
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From businessweek.com
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Weaker U.S. dollar is part of global rebalancing * Certain global currencies will overappreciate (Updates with comments on currencies, emerging markets) By Pav Jordan and Wojtek Dabrowski TORONTO, Oct 9 (Reuters) - Mohamed El-Erian, the chief ...
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From search.msn.com
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