PIMCO

Just a little public service announcement. As we reported last week the PIMCO Total Return ETF (NYSE: TRXT) will change its ticker to "BOND" on Wednesday April 4. The shift from the ticker TRXT to BOND is designed to make it even easier for investors to access the PIMCO Total Return ETF, PIMCO...

PIMCO's CEO and co-CIO Mohamed El-Erian has sounded bells on what he believes are fundamental compromises that could thwart progress on the continued world crisis. In an article appearing on Project-Syndicate.org, Dr. El-Erian refers to two areas where the United States and Europe may be colluding...

PIMCO founder and co-CIO Bill Gross spoke with Bloomberg Television's Margaret Brennan today, telling Bloomberg TV that the Fed will likely shift focus to mortgage securities to keep borrowing rates low when Operation Twist ends in June. Highlights of the interview can be found below. The video can...

The PIMCO Total Return ETF (NYSE: TRXT), the ETF answer to the Total Return Fund managed by Bill Gross, will change tickers next month. On April 4, the new ticker for the Total Return ETF will be "BOND." The fund will continue trading on the New York Stock Exchange and the ETF's CUSIP will remain...

PIMCO's Neil Kashkari believes that the Fed will stay low on rates until the end of 2014. Further more, he expects there to be a QE3. "Remember, markets are swinging. Consumer sentiment is swinging, people can't see any clouds in the horizon. A few months ago, the world seemed like it was going...

PIMCO's CEO and co-CIO Mohamed El-Erian thinks the continuing deep levels of unemployment are courtesy of the US economy's increased efficiency. Appearing on CNBC's Squawk on the Box this morning, El-Erian addressed the apparent disconnect between changes in unemployment and GDP. "Unemployment...

The International Swaps and Derivatives Association (ISDA) ruled today that the latest debt swap arrangement, which imposes a 53.3% haircut on the Greek bonds, is not a "credit event" that will trigger the credit default swap contracts. Essentially, this means that the investors, who had bought...

Just as the tech world is abuzz with speculation about the possibility of another iPad coming out next week, the ETF world is equally aflutter about the Pimco Total Return ETF (NYSE: TRXT), which debuts on Thursday March 1, 2012. Taking an overtly contrarian stance, we still don't think the ETF...

PIMCO's CEO Mohamed El-Erian just appeared on CNBC, and gave his outlook on the Eurozone and the broader global economy. On Greece, he said that there was still too much debt and not enough growth. Greece will need another agreement in the future. He characterized the recent deal as something, but...

Here's a headline that should mean good news: "Greek leaders agree to new spending cuts in bid to avert default." That came courtesy of the Los Angeles Times earlier today. Hopefully, those words prove accurate and Greece will really be able to skirt default. Then again, the market has been down...

PIMCO CEO and co-CIO Mohamed El-Erian spoke with Bloomberg Television's Betty Liu, Scarlet Fu and Dominic Chu this morning about today's jobs report and the global economy. On jobs, El-Erian said that "let's not also forget the numbers outside these headlines…we should not lose sight that we have...

We know this much: The actively managed ETF universe is slated to grow in terms of number of constituents this year. We also know that in terms of assets under management, actively managed ETFs have a small slice of the total ETF pie. To be precise, actively managed ETFs had $5 billion in AUM at...

Pimco, the world's largest bond manager, said on Tuesday it will introduce an ETF equivalent to the Total Return Fund, the bond fund managed by Bill Gross, on March 1. The eagerly awaited ETF will trade under the ticker "TRXT" on the New York Stock Exchange. Gross even said at an ETF conference...

  All I read these days is how much Treasuries are overpriced.  At the beginning of 2011, Bill Gross, the famous bond fund manager at Pimco, predicted serious losses for long-dated Treasury investors and he publicly announced that Pimco had sold its massive Treasury positions.  In addition to...

There were 1,376 U.S.-listed exchange-traded products with a combined $1.06 trillion in assets under management (AUM) at the end of November, according to the latest monthly statistics from the National Stock Exchange. ETFs and ETNs had net outflows of $238 million, marking the first month of net...