PIMCO

PIMCO is a global investment solutions provider with more than 1,400 dedicated professionals in 11 countries focused on a single mission: to manage risks and deliver returns for clients.

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Pimco to pay $20m, settles charges over ETFs

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The Securities and Exchange Commission has announced that investment management firm Pacific Investment Management Company (PIMCO) agreed to retain an independent compliance consultant and pay nearly $20m to settle charges that it misled investors about the performance of one its first actively managed exchange-traded funds (ETFs) and failed to accurately value certain fund securities.

Allianz fund seeks China licence

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Allianz SE said its German fund management unit has applied for a license in China to establish an onshore presence, following the example of its larger U.S.-based Pacific Investment Management Co.

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People News: Apollo, Pimco

Apollo Global Management has lured a debt analyst from Claren Road Asset Management as the private-equity firm adds to its credit-investing arm, according to three people with knowledge of the move.

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