As the U.K.s historic vote to leave the European Union jolted markets around the world, investors responded with a mix of shock, fear and excitement.
The investment "helps with institutionalizing our firm," said Andrew Rabinowitz, Marathon Asset Management's newly appointed president.
Investors are flocking to low-volatility, where nearly all ETFs are outperforming their respective markets be it large-caps, small-caps or international equities.
Pimco's $1.5 trillion in assets under management are down 25% from a high of $2 trillion in the first quarter of 2013.
Sanjay Valvani was one of four people accused of insider trading and reaping more than $32 million from trades in drug companies using secret tips, according to federal prosecutors.