Pacific Investment Management Co. is becoming less dependent on Bill Gross, preparing for an eventual future without the world’s best-known bond investor and adding pressure on its rising stars to live up to his legacy.
David Winters , manager of two of the best-performing mutual funds over the past decade, said global stocks may rise in 2011, possibly sending benchmark indexes to record highs as the government helps stimulate economic growth.
Oct. 2 (Bloomberg) -- On today's "Chart Attack," Wintergreen Funds' Portfolio Manager David Winters and Bloomberg's Adam Johnson talk about how to play China. They speak on Bloomberg Television's "Street Smart." (Source: Bloomberg)
This weekend, 40,000 or so Berkshire Hathaway shareholders gathering in Omaha for the conglomerate’s annual meeting will spend plenty of time strolling through the mall of Buffett: a 194,300 square foot retail space set up to ply sundry products produced by Berkshire’s subsidiaries, including See’s Candies, Justin Brands western boots and Quickut (Ginsu) knives.
Coca-Cola Femsa SAB , the largest Coca-Cola bottler by volume, is outpacing parent Fomento Economico Mexicano SAB by the widest margin in five years as Bill Gates and other investors seek more exposure to developing nations.
U.S. stocks halted a global drop to extend a seventh weekly gain for the Standard & Poor’s 500 Index as JPMorgan Chase & Co. led banks higher after posting a record profit. Treasuries fell and corn jumped to a 29-month high.