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Mutual Funds

A collection of news and information related to Mutual Funds published by this site and its partners.

Top Mutual Funds Articles see all

Displaying items 1-5
  • Pimco trustee assails exec's salary

    Pimco trustee assails exec's salary
    A longtime trustee for Newport Beach's $1.9-trillion Pimco funds lashed out at the reported $200-million annual salary of Bill Gross, the billionaire bond guru who co-founded the giant money manager in 1971 and remains its chief investment officer.
  • Pimco's El-Erian unexpectedly resigns

    Pimco's El-Erian unexpectedly resigns
    From an office tower overlooking the sumptuous Fashion Island mall in Newport Beach, Mohamed El-Erian sat atop a massive treasure trove of wealth as chief executive of Pimco. Soft-spoken and cerebral, El-Erian presided over a financial juggernaut that...

    Newport man gets 15 months for fraud

    A former stock broker from Newport Beach was sentenced Tuesday to 15 months in prison for his part in an investment scheme designed to defraud an investor of $1 billion, the U.S. Department of Justice announced. In 2006, William J. Ferry, 71, and his...

    Reel Critics: 'Resident Evil' keeps features that made it popular

    Reel Critics: 'Resident Evil' keeps features that made it popular
    "Resident Evil: Retribution" is the fifth movie in a very successful franchise that began as a series of apocalyptic Japanese video games. The surreal sci-fi adventure blends "Aliens" and "The Matrix" with "Blade Runner" overtones. For good measure,...

    Council closes city investment loophole

    NEWPORT BEACH — City officials fixed a loophole Tuesday that allows the treasurer to potentially sink unlimited funds into risky investments. The City Council voted to limit how much the city's fund managers can allocate to certain investments such...