Pacific Investment Management Company, LLC (PIMCO)
http://www.pimco.comThe Pacific Investment Management Company, LLC, generally known as PIMCO, is an investment company and runs the Total Return fund, the world's largest bond fund. The company was founded in Newport Beach, California in 1971 but is now owned by Allianz, a multinational insurance company based in Munich, Germany. The company's products and services include Separate Accounts, Open-End Institutional Mutual Funds, and Open-End Individual Mutual Funds.
The Total Return Fund is managed by Bill Gross and has $687 billion in assets under management. In addition, former Federal Reserve Chairman, Alan Greenspan, was hired as special consultant to speak at quarterly economic forums and to speak privately with the bond manager about Federal Reserve interest rate policy.
-
Negative U.S. interest rates? Not likely, say investors
-
Former UK minister hits the jackpot with 650,000 pound part-time BlackRock job
-
Deutsche Bank fails to end BlackRock, Pimco mortgage debt lawsuit
-
U.S. mutual fund trustees feel the heat of investor lawsuits
-
BlackRock, Pimco among group to begin clearing credit swaps
-
Gundlach's DoubleLine Capital posts 22nd straight month of inflows
-
Yellen's rate blink shows green light for bond buyers
-
PIMCO Said to Pay Bill Gross $290M Bonus for 2013
-
PIMCO to Bleed as Much as $60 Bilion Amid Gross Exit
-
PIMCO, BlackRock (BLK) Take Lion's Share of Record Corp. Bond Offering (VZ)
-
FDIC Files Objection in BofA's (BAC) Proposed $8.5B Mortgage-Bond Settlement; Wants More Color
-
Bondholders Claim Countrywide Failed to Service Loans Properly, Want BofA to Buyback Soured Mortgages
-
Bondholders Including PIMCO, NY Fed Looking to Force BofA (BAC) to Repurchase Sour Mortgages
-
CME Group (CME) Launches Credit Default Swaps Initiative; Begins Clearing Trades
-
BlackRock (BLK) Vies to Assist State Regulators in Rating Risk in Insurers
-
Federal Reserve Selects Four Firms To Mange MBS Purchase Program
-
Merrill (MER) Brokers Urge Pimco to Buy Back Auction-Rate Securities -Bloomberg