Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Pimco's Stock Funds Underwhelm the WSJ Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, September 01, 2011

Pimco's Stock Funds Underwhelm the WSJ

News summary by MFWire's editors

Fundsters who have been watching Pimco's [see profile] move into the stock-picking business may want to look today's issue of the Wall Street Journal. Mary Pilon profiles the unit and two of its mutual funds.

Former Troubled Asset Relief Program (TARP) chief and ex-Goldman Sachs investment banker Neel Kashkari took over Pimco's equity business two years ago. Its funds include the $1.5-billion Pathfinder fund (a global equity fund) and the $376.1-million Emerging Markets equities fund.

The article highlights both funds' underperformance since inception and notes that they only hold about 0.1 percent of Pimco's assets and 20 of its 2,000 employees.

Pimco CEO Mohamed El-Erian, Rogerscasey managing director Alan Kosan, Pathfinder co-manager Charles Lahr and Kashkari himself all weighed in for the article. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2020: Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use