SEC probes Pimco for inflating returns: Report

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U.S. regulators are investigating whether the way bond giant Pacific Investment Management Co. values its bond holdings may artificially boost returns of one of its largest funds, according to report from the Wall Street Journal, citing unnamed sources close to the matter.

Why I left Pimco: Mohamed El-Erian


Mohamed El-Erian, former Pimco CEO and one-time heir apparent, told CNBC Monday that he left the investment giant because he wanted to do something different.

FCA fines Invesco for failings in fund management

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The Financial Conduct Authority (FCA) has fined Invesco Asset Management Limited and Invesco Fund Managers Limited (Invesco Perpetual) £18,643,000 for exposing investors to greater levels of risk than they had been led to expect.