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By Alexis Leondis, Bloomberg |
June 11, 2013
Pacific Investment Management Co., the world’s largest active bond manager, said investors should cut risk amid a more than 60% chance of a global recession in the next three to five years.
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By Alexis Leondis, Bloomberg |
April 16, 2013
BlackRock Inc., the world’s biggest money manager, said first-quarter earnings rose 10% as its exchange-traded stock funds drew client cash and assets increased.
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By Alexis Leondis, Bloomberg |
April 5, 2013
Pacific Investment Management Co.’s Bill Gross, manager of the world’s biggest bond fund, said the U.S. economy won’t expand more than 2% this year even with one or two quarters of faster growth.
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By Alexis Leondis, Bloomberg |
January 17, 2013
BlackRock Inc., the world’s biggest money manager, said fourth-quarter earnings increased 24% as its exchange-traded funds drew client deposits and assets rose.
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By Alexis Leondis, Bloomberg |
November 13, 2012
Pimco says returns from U.S. equities will decline from their historic averages over the next decade as the U.S. economy grows at a slower pace.