A new survey by Barron’s and market research firm Morningstar has revealed some slippage between how financial advisors and large institutions view alternative investments, officials say. “Financial advisors are increasingly enthusiastic about alternatives just as institutions are becoming more cautious,” says Josh Charlson, chartered financial analyst (CFA), director of manager research for alternative strategies at… Read More >>
PIMCO Outflows Hit $150B for 2014
Mutual fund giant Pacific Investment Management Co. (PIMCO) had a total of $150 billion in estimated outflows for 2014, according to new data from financial research firm Morningstar, which also found that PIMCO had $26.7 billion in withdrawals last month. Morningstar researchers report that the PIMCO experienced an outflow of $26,717,199,997 for the quarter that… Read More >>
