PIMCO

Pimco's Bill Gross appeared on Bloomberg Television's "InBusiness with Margaret Brennan" this morning to discuss the earthquake in Japan and its effect on his global outlook as well as U.S. Treasuries and the Fed's overall progress. Gross said that the U.S. will retain its AAA credit rating for...

Bil Gross, fund manager of the PIMCO Total Return Fund announced that he did not buy any Treasuries yesterday or today in the auctions that were held. Gross holds $20-$30 billion Treasuries of maturities less than 12 months. He clarified an earlier report that Gross and PIMCO had cut their entire...

ZeroHedge is reporting that PIMCO, the world's largest fixed income manager, has divested of its Treasury holdings. The firm has moved largely to cash, with its balance going from $11.9 billion to $54.5 billion. According to ZeroHedge, this is the most cash that the flagship PIMCO fund has ever...

ZeroHedge is reporting that Bill Gross has sold all of Pimco's exposure to government bonds, and put his money in cash. According to data obtained by ZeroHedge, Pimco's flagship Total Return Fund, has $0.0 in government related securities, and has a balance of $54.5 billion. This is a drastic...

(TheStreet) -- Pimco, the bond-fund manager that has predicted the next five years would be a "new normal" of slow economic growth and below-average investment returns, last week boosted its 2011 economic-growth forecast by a full percentage point. Pimco's new normal, coined last year after the...

Neel Kashkari, head of new investment initiative at PIMCO and former assistant to the Treasury, appeared as a guest host on Bloomberg Television's "InBusiness with Margaret Brennan" this morning. Kashkari discussed his thoughts on the resounding success of the GM bailout. Notably, he spoke about...

Bill Gross, the manager of the world' largest bond fund at Pacific Investment Management Co. (PIMCO), said Wednesday that the Federal Reserve's new round of quantitative easing will signify the end of the 30-year bull market in bonds. "Check writing in the trillions is not a bondholder's friend,"...

PIMCO just released a "no comment" statement on the rumors that it has asked for Bank of America (NYSE: BAC) to repurchased mortgages, as part of a larger repurchase program. When this rumor came out about 15 minutes ago, the broader markets weakened sharply on this news.

PIMCO's Bill Gross appeared on CNBC Wednesday and said that Ben Bernanke needs to hyper-extend the Fed's outlook for keeping interest rates low. He said "give growth a chance." Gross' statements suggest that he is quite worried about the prospects of economic growth going forward. The Federal Open...

Commercial Real Estate Week in Review-June 13-19 -Interested in a long term investment? It may be the time to get into REITs. -Sunway REIT on track for $522MM IPO. -Kimco Realty (NYSE: KIM) and Big Shopping Centers (NYSE: BIG) enter into a joint venture to purchase $422MM retail...

As the concerns about approaching Europe austerity and the continuation of the debt problems there, many investors are looking for ways to reduce risk and add a level of safety to their portfolios. Gold has become a premier destination for safety, but some investors would like more. Cash is king,...