Mercer strips Pimco funds of top rating

Consultant’s downgrade triggers review by UK pension fund client

Editor’s choice

A picture taken on July 6, 2014 shows rolls of toilet paper printed with the picture of Russian President Valdimir Putin in Kiev's Independence Square, the so-called "Maidan". AFP PHOTO / DOMINIQUE FAGET (Photo credit should read DOMINIQUE FAGET/AFP/Getty Images) ©AFP
Uneasy truce in conflict and ongoing sanctions see fund houses look to other emerging markets
A woman, who has been displaced by floods, uses a USAID box to move her belongings while taking refuge on an embankment at Chandan Mori village in Dadu, some 320 km (199 miles) north of Karachi October 10, 2010. REUTERS/Akhtar Soomro (PAKISTAN - Tags: DISASTER ENVIRONMENT) - RTXT9RN ©Reuters
The Global Innovation Fund will back concepts with the potential to help end extreme poverty
RAC van

Buyout managers face investor competition

Years of low interest rates push big funds to invest cash directly

CIC sells down Noble stake

Sovereign wealth fund cuts holding by one-third in $314m deal

Daniel Ivascyn, managing director of Pacific Investment Management Co. (PIMCO), is seen in this undated handout photo released to the media on Tuesday, Aug. 28, 2012. Ivascyn, who runs the $11.2 billion Pimco Income Fund, was the top performer over the past five years among 26 Pimco bond funds bigger than $1 billion, including Gross's flagship Total Return Fund, according to the BLOOMBERG RISKLESS RETURN RANKING. Source: PIMCO via Bloomberg EDITOR'S NOTE: NO SALES. EDITORIAL USE ONLY

Pimco move highlights clout of Bear alumni

Ivascyn used to work in collapsed bank’s ABS group

Pimco upheaval rattles bond market

Investors brace for outflows from world’s largest bond fund manager

Alibaba affiliate wins China bank licence

New operations increase competition in banking sector

Staff at 67 universities to vote on strike

Dispute over pension proposals could lead to examination boycott

Hedge funds move from the margins into the mainstream

Assumptions about risk reduction need a rethink

Bill Gross missed the big shift

Now it is governments that are intimidating – or at least wrongfooting – the bond gurus

Pimco: ‘vast majority’ are sticking with us

Management begins round of calls to soothe investors


FTfm is the voice of the global fund management industry, providing must-have news and sharp analysis to the world’s top asset managers and professional investors.

FTfm videos