US Market: AI credit surge tests lenders as future revenues remain uncertainAI-related borrowing has surged substantially in low-rated U.S. firms this year, prompting investor scrutiny of financial assumptions. Lend...
AI borrowers face tough sell in risky corners of US credit marketAI-related issuance by low-rated firms has totaled $88 billion this year, according to Goldman Sachs, with most of the borrowing coming fro...
US Corporate Debt Wall: $4.3 trillion maturities loom from 2027Around $4.3 trillion of US corporate bonds are set to mature between 2027 and 2031, increasing refinancing pressure as borrowing costs rema...
US Market: Bond fund managers turn cautious as yields, AI debt raise risksLeading US bond fund managers overseeing nearly $700 billion are adopting a cautious stance as Treasury yields near 5% and corporate debt v...
Pimco says ‘credit loss cycle’ has begun, favours quality bondsPacific Investment Management Co. warns the credit loss cycle is imminent, driven by heavy AI spending that could widen economic disparitie...
US' PIMCO recommends Fed halt mortgage unwind to boost housing marketPIMCO advises the Federal Reserve to reconsider its strategy. The firm suggests pausing the reduction of mortgage holdings. This action cou...
Meta selects Pimco, Blue Owl for $29 billion data centre financing: BloombergMeta has chosen Pimco and Blue Owl Capital for a $29 billion funding deal to support AI data centre projects in Louisiana. Pimco will handl...
Pimco's new bond chief is nailing itAlmost no comparable fund in the country has matched the return of his Pimco Income Fund over the past three and five years.
Pimco's sticks with pessimistic outlook on emerging-market currenciesPimco has said that the biggest rally in 17 years has only bolstered the case for making bearish wagers.
Pimco uses in-house trading of funds to meet demands post Bill Gross' exitThe firm sold $18 billion of Total Return's assets to other Pimco funds and accounts between October and March,to meet more than $100 billi...
Pimco witnesses worst outflow at a record $105 billionInvestors pulled $19.4 billion from Pimco Total Return Fund in December, bringing redemptions in 2014 to a record $105 billion, according t...
Pimco replaced by BlackRock at $6 billion Prudential FundPimco will also be dropped as manager of the US fixedincome portion of the AST Advanced Strategies Portfolio, which had $8.75 billion in as...
After leaving Pimco, Bill Gross starts new gig at Janus Capital Group with one traderGross last week left Pimco, where he ran the massive $222-bn Pimco Total Return Fund, to join Janus to run a new unconstrained bond fund wi...
Bill Gross quits Pimco to join Janus CapitalGross, 70 and until Friday manager of the $222-billion Pimco Total Return fund, will join Janus Capital Group to oversee a new bond fund.
- Mohamed El-Erian aims to replicate Pimco's William Gross success
El-Erian, the figurative heir of its long-reigning king, William H Gross of the mighty Pacific Investment Management, known as Pimco.
US banks in much better shape than they have been in years: Pimco's Bill GrossAfter the US rescued major banks, money managers are debating how banks will cope up. Pimco's Bill Gross is taking a risk betting on bank b...
- Pimco bets $8 bn against ‘decade of deflation’
BILL Gross’s Pacific Investment Management Co (Pimco) made an $8.1 billion wager that the US won’t suffer a decade of deflation like the on...