February 22, 2012 – Bond behemoth PIMCO is making a push into the equities space with the hire of Geoffrey Johnson as an executive vice president and global equity portfolio manager. He will begin with the firm in April and will be based in the Newport Beach office.
The yield on 30-year Treasury notes at the close of business on Valentine's Day was 3.125%, according to Bloomberg.
"A mutual fund seeking current income and capital appreciation by investing primarily in fixed-income securities issued by developed countries, including the U.S. The Fund is not a money market fund. The share performance of this Fund fluctuates on a daily basis."
Current IssueThe Great Recession ended 32 months ago. But fear about the sturdiness of its recovery persists.
This is not about your father's index.
James Roche is stable asset sales director for Standard Insurance Company's ("The Standard") stable value products (SVPs). Here, Roche walks through the key tenets behind stable value funds.
Equities Order Flow Drops for Third Straight Year; BNY Mellon Develops Omnibus Platform; Citi to Administer Assets for Credit Suisse
Key Additions at Northern Trust Alternatives; MMI Appoints Lensing and Ledbury as VPs; Stephenson and Klaas Join Heartland Marketing; Eze Castle Promotes Holden to CFO
| On the target date; that's what it stands for | 0% |
| 20 years after the target date; retirees might run out of money otherwise | 0% |
| Target-date funds should always maintain exposure to equities | 100% |