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Pimpco wants in on Stocks

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  • Pimpco wants in on Stocks

    Well, either they smell the bond bubble or they can't believe they are missing out on all the Stock Market fun, Pimpco wants in:

    http://www.bloomberg.com/apps/news?p...d=asVZ4H_OvVH8
    pimpco Is Said to Consider Expansion Into Stock Funds (Update1)
    Share | Email | Print | A A A

    By Sree Vidya Bhaktavatsalam


    Oct. 19 (Bloomberg) -- Pacific Investment Management Co., the world’s biggest manager of bond funds, is considering adding stocks for the first time as it expands its line-up of products to investors, a person familiar with the firm’s plans said.

    Pimpco may hire an existing management team with a track record, said the person, who asked not to be identified because the plans have not been publicly disclosed. The Newport Beach, California-based company hasn’t decided yet on the candidates it is considering, the person said.
    Last edited by goadam1; October 20, 2009, 11:44 AM.

  • #2
    Re: Pimpco wants in on Stocks

    Originally posted by goadam1 View Post
    Well, either they smell the bond bubble or they can't believe they are missing out on all the Stock Market fun, Pimpco wants in:

    http://www.bloomberg.com/apps/news?p...d=asVZ4H_OvVH8
    pimpco Is Said to Consider Expansion Into Stock Funds (Update1)
    Share | Email | Print | A A A

    By Sree Vidya Bhaktavatsalam


    Oct. 19 (Bloomberg) -- Pacific Investment Management Co., the world’s biggest manager of bond funds, is considering adding stocks for the first time as it expands its line-up of products to investors, a person familiar with the firm’s plans said.

    Pimpco may hire an existing management team with a track record, said the person, who asked not to be identified because the plans have not been publicly disclosed. The Newport Beach, California-based company hasn’t decided yet on the candidates it is considering, the person said.

    I believe that they just significantly increased their 30-year-bold holdings just last month.

    It's hard to stay out of the casino when Vegas is giving free markers.

    Comment


    • #3
      Re: Pimpco wants in on Stocks

      Originally posted by Quincy K View Post
      I believe that they just significantly increased their 30-year-bold holdings just last month.

      It's hard to stay out of the casino when Vegas is giving free markers.
      A. I wouldn't trust a word they say or say they are doing.

      2. It's hard to value anything in the land of zirp.

      and P.S.:

      Comment


      • #4
        Re: Pimpco wants in on Stocks

        Originally posted by goadam1 View Post
        Well, either they smell the bond bubble or they can't believe they are missing out on all the Stock Market fun, Pimpco wants in:

        http://www.bloomberg.com/apps/news?p...d=asVZ4H_OvVH8
        pimpco Is Said to Consider Expansion Into Stock Funds (Update1)
        Share | Email | Print | A A A

        By Sree Vidya Bhaktavatsalam


        Oct. 19 (Bloomberg) -- Pacific Investment Management Co., the world’s biggest manager of bond funds, is considering adding stocks for the first time as it expands its line-up of products to investors, a person familiar with the firm’s plans said.

        Pimpco may hire an existing management team with a track record, said the person, who asked not to be identified because the plans have not been publicly disclosed. The Newport Beach, California-based company hasn’t decided yet on the candidates it is considering, the person said.

        what's with the guys slapping women? that's not how we do it around here.

        how do you think women here feel about a pic like that?

        sheesh.

        Comment


        • #5
          Re: Pimpco wants in on Stocks

          relax bro -he is talking about something more than degradation of women. Pimpin is part of the modern vernacular and should not be interpreted incorrectly. As I said I liked it!!1 Very funny

          Comment


          • #6
            Re: Pimpco wants in on Stocks

            Originally posted by metalman View Post
            what's with the guys slapping women? that's not how we do it around here.

            how do you think women here feel about a pic like that?

            sheesh.
            Fair enough. bad choice. Itulip is friendly mean.

            New image. No one say he looks Jewish.

            Comment

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