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Fintech Focus For April 9, 2021
Thursday, April 8, 2021 - 5:54pm | 2020Quote To Start The Day: We don't abandon our pursuits because we despair of ever perfecting them. Source: Epictetus One Big Thing In Fintech: To stay competitive, financial institutions must take a page from SaaS providers by embedding much needed financial services functionality into their...
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Fintech Focus For February 4, 2021
Wednesday, February 3, 2021 - 7:32pm | 1893Quote To Start The Day: We can do anything we want to do if we stick to it long enough. Source: Helen Keller One Big Thing In Fintech: Seedrs and Crowdcube were created as forward-thinking Fintechs leveraging technology to match investors with private firms in a sector traditionally dominated by...
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Tommy Hilfiger, PIMCO Attached To Sandbridge Acquisition SPAC
Thursday, September 3, 2020 - 8:30am | 365The SPAC market continues to stay hot, and one of the newest announced SPACs has Tommy Hilfiger and PIMCO attached. The Leadership Team: The CEO, CFO and COO of Sandbridge Acquisition Corporation (NYSE: SBG) all come from sponsor Sandbridge Capital, a global consumer-focused investment firm....
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Bill Gross, Leader In Investment Bonds, Announces Retirement From Janus Henderson
Monday, February 4, 2019 - 9:54am | 349William Gross, the PIMCO co-founder who most recently managed the Janus Henderson Group PLC (NYSE: JHG) Global Unconstrained Bond funds, announced his retirement from the industry. “I’ve had a wonderful ride for over 40 years in my career – trying at all times to put client...
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Fight Inflation With This ETF
Tuesday, December 26, 2017 - 10:01am | 516When inflation moves higher, fixed income investors often turn to Treasury Inflation-Protected Securities, a corner of the bond market easily accessible via exchange traded funds. TIPS, which are viewed as a low-risk investment, are indexed to inflation. The par value of TIPS rises with increases...
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PIMCO Bolsters ETF Lineup With Smart Beta Funds
Thursday, September 7, 2017 - 8:31am | 550PIMCO, one of the world's largest managers of fixed income assets, added to its lineup of exchange-traded funds Wednesday with the debuts of three equity-based smart beta funds, marking the first equity funds to join PIMCO's ETF stable. Each of three new PIMCO ETFs follow indexes from...
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Schwab Expands Commission-Free Platform
Tuesday, July 11, 2017 - 9:24am | 409Charles Schwab Corp (NYSE: SCHW), one of the largest discount brokerage firms, said Monday it is expanding its Schwab ETF OneSource platform. Schwab ETF OneSource is already the largest commission-free exchange-traded funds offering in the brokerage space. Fifteen ETFs from nine different issuers...
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Barron's Ranks The Best Mutual Fund Families
Sunday, February 12, 2017 - 12:16pm | 681The cover story in this weekend's Barron's features the results of the latest ranking of the best mutual fund families. The past year was full of changes for the mutual fund industry. Other featured articles include more on mutual funds and Barron's latest picks and pans. In...
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Macroeconomics Expert Paul McCulley: 'I've Had It With My Profession'
Tuesday, June 14, 2016 - 10:55am | 356In a new blog post, former PIMCO chief economist Paul McCulley discusses his frustrations with today’s economists. McCulley’s most recent disappointment has to do with the community’s reaction to the surprisingly weak U.S. jobs report in May. Rather than focusing on the...
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An Active ETF With An All-Star Pedigree
Monday, February 1, 2016 - 9:37am | 572Actively managed exchange-traded funds, on a combined basis, remain just a sliver of the overall U.S. ETF industry. As of mid-January, actively managed ETFs trading in the U.S. had just over $23 billion in assets under management, peanuts relative to the well over $2 trillion in combined U.S. ETF...
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The Man Who Thinks Banking Should 'Look To Europe,' Close Branches And Consolidate
Wednesday, October 28, 2015 - 4:26pm | 5856Deep value investor Tim Melvin had the opportunity to speak with Rhino Small-Cap Financial Fund President and CEO John Schneider. Below is a full transcript of their conversation. Tim Melvin: We're on with John Schneider today, he's the president and chief investment officer of the Rhino Small-Cap...
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El-Erian Explains Why This Is Not 1998 Or 2008, Nor The 'Crisis Of All Crises'
Thursday, August 27, 2015 - 1:21pm | 595Mohamed El-Erian, former CEO of Pimco and a Bloomberg View columnist, recently appeared on "Bloomberg Markets," and discussed the market selloff and the implications for the Fed’s policy with Olivia Sterns and Alix Steel. At one point, the economics PhD was asked if the current...
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Mohamed El-Erian: 'Technical Contagion' Is A Concern If Greece Leaves Eurozone
Monday, July 6, 2015 - 1:19pm | 403The results of Greek referendum have sent the global financial markets on a downward spiral over fears that Greece will soon exit the eurozone. Mohamed El-Erian, chief economic adviser at Allianz SE (ADR) (OTC: AZSEY) and former PIMCO CEO, was on CNBC Monday to discuss the probability of a...
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Why Is The Bond Market Witnessing A Sell-Off Worldwide?
Wednesday, May 13, 2015 - 11:19am | 389The bond markets worldwide are seeing huge corrections with yields drifting lower. PIMCO CIO Scott Mather was on CNBC recently to explain what might have triggered this global selloff. The Narratives “Surprising as the global sell-off has been, it’s equally surprising to see...
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Barron's Recap: Taking Another Look At Mutual Funds
Sunday, April 5, 2015 - 10:58am | 850This weekend in Barron's online: the quarterly guide to mutual funds, where to find yield in the current market, as well as the prospects for Eastman Chemical, Towers Watson, Owens-Illinois, Trex and more. Cover Story "Righting the Ship at Magellan, Pimco Total Return" by Sarah Max. High-profile...