What I’m reading this morning
September 2014
Flipper, faster than lightning
LOL… Morgan Stanley’s wealth-management arm is having a call for its financial advisers with Pimco executives Monday to hear how the fund firm intends to deal with Mr. Gross’s departure, people familiar with the matter said. While Morgan Stanley has taken no formal action to limit Pimco funds in clients’ portfolios, some Morgan Stanley brokers…
“Do we need to fire Pimco?”
This weekend, thousands of institutional investors, financial advisors and wealth managers are faced with one of the most uncomfortable questions imaginable: Do we need to fire Pimco? Pimco’s flagship fund, Total Return, can be found in allocations everywhere. From pensions to endowments, from 401(k) sponsors to retirement plans, in the accounts of private investors and insurance…
Eric Cartman’s Startup: The 4 Point Plan
This week’s season premier of South Park was note perfect – weaving together a narrative involving ISIS, the Washington Redskins, Kickstarter and the excesses of a venture-backed economy where funding is the endpoint rather than the start of a business, Matt and Trey absolutely crush it once again. Below, Eric Cartman lays out his 4 point…
This Week on TRB
Photo: Derek Jeter’s teammates rush out onto the field after his game-winning hit at his final Yankee Stadium appearance. (New York Times) These were the most read posts on TRB this week, in case you missed them…
QOTD: So many eyes, so little vision
This is my Quote of the Day
Clips from Today’s Halftime Report
go team!
Source: Dilbert.com
Secretariat Bolts the Barn
DENVER–(BUSINESS WIRE)— Janus Capital Group Inc. (NYSE: JNS) today announced that William H. Gross, world-renowned fixed income investor, will be joining Janus Capital Group. He will manage a recently launched Janus Global Unconstrained Bond Fund and related strategies, and will join Myron Scholes, Ph.D., and other members of the Janus team focused on global asset…
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What I’m reading this morning