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.''.
NEW YORK, Oct 2- Bill Gross, founder and co-chief investment officer of bond giant PIMCO, said he sees the U.S. going the way of Greece if it does not get its fiscal house in order.
Pimco's Bill Gross has suggested that the Federal Reserve's current zero percent interest rates are harming the economy rather than helping it.
The Federal Reserve will likely embark on its next round of monetary stimulus in two weeks at its September meeting, Bill Gross, Pimco’s co-chief investment officer, told CNBC’s "Street Signs" on Friday. But he said more stimulus won’t do much to improve the country’s job market.
The Fed has done a "masterful" job keeping global markets quiet, which means stocks and bonds are unlikely to change much in the coming months, Pimco's Bill Gross told CNBC Wednesday. .