Bill Grosss Pimco Total Return ETF is being investigated by the U.S. Securities and Exchange Commission over whether it artificially inflated asset prices to boost returns, according to the Wall Street Journal.
BlackRock Inc. said the corporate bond market, which is one of the cornerstones of global finance, is broken and must be retooled to improve liquidity.
BlackRock, which earns fees based on the amount of money it oversees for clients, benefited from rising global markets in the quarter, which boosted assets 4.4 percent to $4.59 trillion.
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"articles": [
{
"uri": "/2014/10/21/pacific-life-switching-to-janus/",
"title": "Pacific Life switching to Janus",
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"prettyDate": "October 21, 2014",
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"summary": "The firm where Bill Gross made his name is showing support for his latest venture.",
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{
"uri": "/2014/09/25/pimco-etf-probe-separate-from-broader-sec-sweep/",
"title": "Pimco ETF probe separate from broader SEC sweep",
"byline": "Mary Childs, Bloomberg, Joshua Gallu",
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"prettyDate": "September 25, 2014",
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"summary": "The probe is the latest hurdle faced this year by Pimco, which is dealing with record redemptions at its main mutual fund and negative publicity.",
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{
"uri": "/2014/09/24/grosss-pimco-total-return-etf-draws-sec-scrutiny-w/",
"title": "Gross’s Pimco total return ETF draws SEC scrutiny, WSJ reports",
"byline": "Sree Vidya Bhaktavatsalam, Mary Childs, Bloomberg",
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"prettyDate": "September 24, 2014",
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"summary": "Bill Grosss Pimco Total Return ETF is being investigated by the U.S. Securities and Exchange Commission over whether it artificially inflated asset prices to boost returns, according to the Wall Street Journal.",
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},
{
"uri": "/2014/09/23/blackrock-says-broken-corporate-bond-market-needs/",
"title": "BlackRock says ‘broken’ corporate bond market needs change now",
"byline": "Mary Childs, Bloomberg",
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"prettyDate": "September 23, 2014",
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"authors": [
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"summary": "BlackRock Inc. said the corporate bond market, which is one of the cornerstones of global finance, is broken and must be retooled to improve liquidity.",
"body": null
},
{
"uri": "/2014/07/16/blackrock-second-quarter-profit-climbs-11/",
"title": "BlackRock second-quarter profit climbs 11%",
"byline": "Mary Childs, Bloomberg",
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"prettyDate": "July 16, 2014",
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"summary": "BlackRock, which earns fees based on the amount of money it oversees for clients, benefited from rising global markets in the quarter, which boosted assets 4.4 percent to $4.59 trillion.",
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