Category Archives: FINANCE

The CEO of a $1.5 trillion fund giant wants to set the record straight

LOS ANGELES – Manny Roman is spreading the word: Active management pays off, at least for bonds. Speaking at the Milken Institute Global Conference held at the Beverly Hilton, Roman, the new CEO of $1.5 trillion fund manager PIMCO, made a case for active management in the bond market. Passively managed exchange-traded funds have been […]

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Cloudera founder: Why investors are ‘thrilled’ my company is worth $2 billion less after our IPO

Big data software company Cloudera completed its much-anticipated IPO on Friday and the stock was a hit with investors. Cloudera priced it at $15 raising $225 million for itself, above its initial range of $12 to $14. By the close of the day, the share price popped 20% to just over $18. The world was […]

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