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Allianz SE three years ago bet the future of its then $2 trillion bond firm on Dan Ivascyn, a little-known money manager at the time who had been picked to succeed Pacific Investment Management Co. ...
Pacific Investment Management Co.'s Total Return Fund increased its stake in U.S. government debt to a 25-month high in July as rally in Treasuries pushed yields to an all-time low and then fizzled. ...
The European Central Bank has turned government bonds into one of the riskiest asset classes, prompting Swiss Re AG to move more of its investments into corporate debt, according to the reinsurer's ...
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