NEW YORK, Jan 23- Neel Kashkari, managing director and head of global equities at bond giant PIMCO, is leaving the firm to consider running for public office in California as a Republican, according to people familiar with the situation.
After five years of monstrous cash inflows into fixed income markets, bond giants DoubleLine Capital LP, Loomis Sayles& Co and PIMCO are strategically targeting a bigger share of equities- an area that many investors have shunned in recent years.
NEW YORK, Jan 4- U.S. "I think the market over-reacted a bit," said Gregory Whiteley, government bond portfolio manager at DoubleLine Capital in Los Angeles. "The economy here, in Europe and in Asia, still faces considerable ongoing headwinds."
WASHINGTON, Dec 12- These are strange times to be moving your money around.
NEW YORK, Dec 6- The U.S. Securities and Exchange Commission is partially lifting an almost three-year-old moratorium on applications for actively managed, exchange-traded funds, creating an opportunity for fund managers to use derivatives when they launch them.
NEW YORK, Dec 4- PIMCO's Bill Gross, in his final investment letter of the year, reiterated his sober outlook, saying "there may be no miracle policy drugs" for structural impediments to recovery in the U.S. and global economies.
`` Spain is my favourite because we've got all sorts of hedges,'' said Elke Speidel-Walz, chief investment strategist for Germany at Deutsche Bank Private Wealth Management. ``This means the risk return is best in Spain.''.