Tag:
Bond Fund
Latest Headlines
Latest Headlines
Jeff Gundlach: Fall from grace at TCW Group
Jeff Gundlach, a star bond fund manager ( bond market news) who seems to have fallen from grace at TCW Group, a unit of Societe Generale, has a lot of people talking. Bloomberg says the controversy "has shocked the bond-trading world with allegations of double-dealing, drug use and workplac
PIMCO to launch TALF fund
PIMCO's irrepressible Bill Gross has long been an advocate of the government's attempts to shore up the market for toxic assets, saying there were solid returns to be had. This is more than political rhetoric, apparently. The world's largest bond fund manager has plans to launch a closed-end asset
Is PIMCO too powerful?
Fortune says this about Bill Gross, the outspoken founder of PIMCO: "Is the bond king too big? Does he have Washington--and us--over a barrel?" No doubt it had a great 2008, a year in which many fund managers faltered. It bet correctly on mortgage bonds backed by Fannie and Freddie and outperf
Is the macro fund era ending?
Citadel has hit a rough patch as of late, and this has coincided with some big changes. MarketWatch reports that the big fund company run by Ken Griffin--whose star burned so brightly not so long ago--is moving away from its traditional focus: A single, large, multi-strategy fund.
Its main
