Pacific Investment Management Company, LLC (PIMCO)

CHICAGO, Nov. 19 /PRNewswire-FirstCall/ -- Which fund managers have served investors the best during the most trying decade since the Great Depression? Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, shared its favorites with investors today and announced its nominees for the Morningstar Fund Manager of the Decade awards. Morningstar will announce the award winners in January following its coveted Fund Manager of the Year awards. The Fund Manager of the Decade award, which is a new award from Morningstar, recognizes fund managers who have achieved superior results over the past 10 years and have an established record of serving shareholders well. "The past 10 years have been the most brutal period for investors since the 1930s. Two severe bear markets wiped out years of prior gains and have left many investors ...

PORTLAND, Ore., Nov. 18 /PRNewswire/ -- Harness Investment Management Group, LLC announced today that they will launch a new mutual fund, the Harness Absolute Return Fund (Ticker: HIARX). This new fund, currently in an initial offering period, is expected to commence operations November 30, 2009. The Fund's advisor is Harness Investment Management Group, LLC. (Logo: http://www.newscom.com/cgi-bin/prnh/20091118/NE13327LOGO ) Founded by Andre Mallegol and Don Yocham, both formerly with PIMCO, Harness Investment Management Group, LLC focuses on providing alternative investment products that are aligned with the evolving needs of fiduciaries. The firm was formed in 2008 and has offices in Portland, Oregon and Rockland, Massachusetts. The conventional approach to investing seeks to provide excess ...

WASHINGTON--(BUSINESS WIRE)-- "Terra Cotta Warriors: Guardians of China's First Emperor," featuring the largest number of terra cotta figures ever to travel to the United States for a single exhibition, will open on Nov. 19, 2009, at the National Geographic Museum. The museum is the final venue of the exhibition's four-city U.S. tour. Open through March 31, 2010, the exhibition includes 15 terra cotta figures from the tomb of China's First Emperor, Qin Shihuangdi, who ruled from 221 B.C. to 210 B.C. The ticketed exhibition offers an in-depth look at the First Emperor's enormous ...

NEWPORT BEACH, CA -- (MARKET WIRE) -- 11/17/09 -- PIMCO, a leading global investment management firm, has launched the PIMCO Enhanced Short Maturity Strategy Fund (NYSE: MINT), an actively managed Exchange Traded Fund (ETF) that employs the firm's proven investment process and cash management expertise. The new fund aims to preserve capital while also looking to offer more attractive yields than investors earn from money market funds. MINT will be managed by PIMCO Executive Vice President Jerome Schneider, deputy head of the firm's money market desk. The post-crisis market environment has increased the need for suitable cash investments, as many individuals, corporations, pensions and other institutions are insisting on stringent risk controls and ready access to their cash -- yet paying the price in the form of money market returns that hover near zero. MINT may invest in similar high quality short-term instruments as money markets, as well as longer maturity bonds and a broader universe of investment-grade fixed income securities. This strategy, along ...

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