pimco

Mr. El-Erian and Pimco founder and co-CIO Bill Gross say that the package did little to make a significant dent in the U. S. deficit.

Pimco's Mr. Gross said he's focusing on solid, high-dividend-paying companies, which offer many of the same benefits as bonds.

The end of the bond party is, in fact, just one of several reasons for the diversification.

So when he says PIMCO's Total Return, the $237 billion fund which he manages, is avoiding Treasury bonds, investors should take notice.

This is a PIMCO, BlackRock sort of thing, where some credit-oriented hedge funds will participate.

"Where's the bottom? " someone shouted at a recent PIMCO staff meeting.

It enjoyed stronger net inflows than any other large American bond-fund firm in the 12 months to the end of June.

However, Bill Gross, a fund manager at Pimco, said "this must be passed, either in its current form or another form" .

Blunt words from Pimco or Buffett tend to have only a fleeting impact on Washington or Wall Street.

Big asset managers like BlackRock and PIMCO have made a business of advising customers on managing for the worst case.

Mohamed El-Erian of Pimco is equally confident: "The secular forces of productivity gains and entrepreneurial dynamism will not disappear. "

It is, says Mohamed El-Erian, Pimco's chief executive, all part of "a culture of constructive paranoia. "

PIMCO has emerged from the financial crisis stronger. It has continued hiring as others pause or pull back.

"LIKE vampires in the dead of the night" , rating agencies "will outlast us all" , said Bill Gross of PIMCO, a fund manager, this month.

Pimco, the world's biggest bond fund, has suspended its trading operations in Tokyo and is moving them to other locations, including Sydney.

Mihir Wohrah, told Reuters he saw "no change in the long-term secular view of generally higher commodity prices" despite the brutal selloff.

He oversees servicing of PIMCO's institutional clients as well as business development in the region.

The standard pension or foundation approaches to policy portfolios are being challenged, he asserts, and PIMCO agrees.

Some even muttered that PIMCO itself posed as great a systemic risk as large banks, so important had it become to the fabric of markets.

Pimco's Mr. El-Erian says Europe is in the second stage of a three-stage crisis.

But the cloudy outlook for fixed income has turned PIMCO's managers into advocates of the diversified portfolio.

The firm is bringing in new faces to help drive this expansion.

To PIMCO, the remedy for this deflationary delevering and mini-depression is simple and almost axiomatic: stop the decline in asset prices.

He is responsible for overseeing serving of PIMCO's institutional client relationships and business development in the region.

It has paid dividends for our clients for over 30 years and it should do so now as well.

PIMCO's Bill Gross has remarked that our nation became a superpower because "we were getting richer by making things, not paper. "

Answer: I'd give you an invitation to our PIMCO client conference next month in Newport Beach if you weren't so busy here in Washington.

This topic is one which literally could take hours to discuss, and at PIMCO forums and Investment Committee meetings, it does.

Pimco Managing Director William H. Gross, who runs the world's biggest bond fund, joined the group by telephone.

PIMCO's cohesive culture also gives it more reason than most to worry about the impact of splashy deals.

PIMCO now oversees around $30 billion in tail-risk products, mostly in separate accounts.

As co-chief investment officer, he manages PIMCO Total Return, the world's largest mutual fund with $234 billion of assets.

The writer is chief executive and co-chief investment officer of Pimco.

Heck, even PIMCO's Bill Gross, the world's biggest bond buyer, was saying the market was overheated.

PIMCO has emerged from the financial crisis stronger.

This week PIMCO, a big fund manager, bought $1. 5 billion of American municipal bonds, where yields have jumped as the crisis spread.

PIMCO reckons the Fed has been responsible for 70% of recent Treasury purchases, with foreigners buying the other 30%.

The committee is made up of CDS dealers such as Deutsche Bank and Goldman Sachs, as well as investors including US-based Elliott and Pimco.

Others such as the Pacific Investment Management Co (PIMCO) the world's biggest fixed income manager, advise caution.

Pimco's Total Return fund had an inflow of $9bn in the three months to March.

One example: the Pimco All Asset Fund.

Even investment firms such as Pimco have client guidelines in many cases that impose maturity caps.

This time, too, the sweet terms have piqued the interest of big fund managers, such as BlackRock and PIMCO.

PIMCO's assets under management have grown steadily, to $1. 2 trillion.

Another worry is that size could start to work against PIMCO.

PIMCO launched one GDP-weighted index in January last year and another two were due to be unveiled on July 8th.

This is why Bill Gross has said adios.

Such companies use a host of brand names: Allianz owns PIMCO, a bond manager;

In the first in a series of profiles of financial institutions after the crisis we look at PIMCO, a giant fund manager

Managing director of Pimco and the world's most influential bond fund manager