Before Covid-19 upended American life, the head of a $33 billion U.K. foundation told a collection of money managers how bad it was going to get. The alarm spread through the worlds of finance and business.
PIMCO Canada Corp. (“PIMCO Canada”), the manager of the PIMCO Canada Funds, will terminate PIMCO Balanced Income Fund (Canada) (the “Fund”), effective on or about August 28, 2020.
The board of trustees for New Mexico’s public pension fund agreed Thursday to vote again on ending membership fees for a retiree group following a complaint the board violated the state’s Open Meetings Act.
The recent deaths of George Floyd and other black Americans at the hands of police have sparked an outpouring of statements from businesses, founders and investors across the venture capital world. Many have been declarations of solidarity and support for the black community, while others have promised action to address ingrained racial inequity.