Russel Kinnel

Pimco’s Rising Stars Pull in Money for Future After Gross

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.

Berkowitz Leads Top Stock Pickers Hitting Bottom as Growth Slows

Bruce Berkowitz , Kenneth Heebner and Bill Miller, three of the best-known U.S. stock pickers, are competing for last place this year after their bets on an economic expansion backfired.

Kashkari Departure Adds to Pimco’s Equity Unit Hurdles

Pacific Investment Management Co.’s loss of Neel Kashkari as head of global equities adds to the difficulties the bond manager faces in its push into stocks, a business with less than 1 percent of the firm’s assets.

Paulson Not Alone as Sino-Forest ‘Mistake’ Hurts Davis Funds

John Paulson isn’t the only prominent fund manager who has been hurt by the plunge in Sino- Forest Corp. shares.

Dell Buyout to Test Hawkins’ Buy-and-Hold Math After Drop

O. Mason Hawkins and G. Staley Cates, having made Southeastern Asset Management Inc. the second-largest investor in Dell Inc., told clients last year the computer maker was worth more than its sliding stock price suggested when viewed as a private company.

Stock Funds in U.S. See Largest Redemptions Since ’08 as Volatility Surges

U.S. stock mutual funds that invest in domestic equities had their second-biggest redemptions last year as record market swings sent investors to the perceived safety of bond funds.

Heebner at Bottom for Fourth Year in Five Sticks to Bet

Kenneth Heebner ranked as America’s No. 1 stock picker before losing his touch and most of his main fund’s assets. The 71-year-old manager, at the bottom of his peer group for the fourth year in five, hasn’t lost his swagger.

Pimco Total Return Among Biggest Losers as Bond Rally Fizzles

Bill Gross ’s Pimco Total Return Fund , the world’s largest mutual fund, was the second-biggest decliner among the largest U.S. bond managers in the past month as clients pulled money for the first time in two years amid a selloff in Treasuries.

Fidelity Loses Top Mutual-Fund Spot to Bogle's Indexing

John Bogle has preached the virtues of low-cost indexing since the 1970s to investors willing to pay higher fees for big-name money managers at firms such as Fidelity Investments.

U.S. Mutual Funds Attract Most Deposits in Almost Two Years

U.S. mutual funds attracted the most money in almost two years last week as investors poured cash into bond funds and some returned to stock funds.

"There are not many people left to buy it."

- Russel Kinnel on Apr 23, 2013

Newport Beach

U.S. Stocks Advance on Increased Optimism Over Economy

Hagel Sets Furloughs for 680,000 Workers Starting July 8

San Francisco Leasing Slows Amid Office Boom: Real Estate

CIA Spy Caught in $1 Million Recruitment Sting, Russia Says

Prince Meets Jersey Shore Ready for Season Post-Sandy: Jobs