Pimco
Former Man Group risk chief joins Pimco’s European board
Jonathan Eliot has taken on an independent non-executive director role
Pimco’s European business suffers almost 40% profit drop as performance fees slump
However, assets under management at the bond giant’s European business increased to £106bn at the end of 2024
2 min read
Pimco hires former BlackRock fund manager Rupert Harrison as senior UK adviser
Harrison has joined California-headquartered bond giant to advise on macroeconomic and policy matters
1 min read
Pimco Emea boss Craig Dawson returns to California for new role
Christian Stracke, global head of credit research, will run Emea from bond giant’s London office
1 min read
Pimco promotes Kraus to lead private strategies business across Emea and Apac
Kristofer Kraus will move from New York to London to take on expanded role at the US bond giant
1 min read
Finance bosses snub Davos as ‘conference fatigue’ sets in
Andrew Bailey, Anne Richards and more opt out as critics say ‘no person in their right mind’ would pay $250K entry fee
5 min read
Pimco, M&G pull in more than €12bn amid bond fund bonanza
'Once peak rates are there, fixed income becomes a very credible asset class'
3 min read
Allianz posts €2bn profit
Allianz’s asset-management division — which houses Pimco — posted a 13% fall in operating profit, but recorded net inflows of €14.9bn
1 min read
Vanguard, BNP Paribas, JPMorgan among Europe’s biggest ETF winners
Data shows just four asset managers increased the amount of new money gathered by their ETF ranges over 2022
5 min read
Pimco European directors’ pay falls 14% in 2021
Despite a drop in combined pay for Pimco’s European directors, the highest-paid executive still pocketed a £3m increase
2 min read
Pimco hit with $30bn outflows as bond giant takes a beating
Allianz, Pimcos's parent company, posted a fall in net profit
1 min read
Pimco, WisdomTree, Xtrackers bleed $4bn as ETF boom loses steam
Inflows and total assets have fallen in the European ETF space as investors weigh up headwinds
How billionaire Bill Gross U-turned and made $10m shorting GameStop
The co-founder of Pimco said that he is still short of the US retailer's stock
Trading Places: Pimco nabs ex-White House adviser, Goldman exits, Simpson Thacher hires Blackstone GC
Also this week: Deutsche Bank shakes up recruitment to move away from MBA focus
Pimco adds former White House defence expert to advisory board
Michèle Flournoy joins a line-up of former central bankers and economists who advise the asset manager
Allianz’s El-Erian: I am ‘certainly not’ a billionaire — there are more important things than wealth
El-Erian reminded radio listeners that he stepped down from Pimco after realising how much family life he was missing
5 min read
Pimco billionaire Bill Gross pens open letter to neighbour as public spat continues
Gross is said to have repeatedly played the theme tune for 'Gilligan's Island' to annoy his neighbour during the dispute
2 min read
Pimco’s blockbuster fund just got overtaken as Europe’s largest
Market rallies helped AP7 Aktiefond edge ahead of Pimco’s GIS Income in August, allowing it to be crowned Europe’s largest mutual fund
2 min read
Mark Carney joins influential Pimco advisory board
Former BoE governor joins Gordon Brown and Ben Bernanke at Pimco's group of heavyweight thinkers
1 min read
BlackRock and Pimco take lead role in managing Federal Reserve’s coronavirus stimulus
US central bank's giant programme of corporate bond buying will kick off in the coming days
10 min read