Word: portfolios
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Dates: during 2000-2009
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...Paul McCulley and Ramin Toloui are portfolio managers at the Pacific Investment Management Company (PIMCO), one of the world's largest fixed-income investment firms
When Colton got hold of the Top-Flite portfolio, he was surprised to find a trove of technology patents that hadn't been fully exploited. Callaway discovered opportunity in one of them, dimple-in-dimple technology, which became the platform for the D2. As the name implies, it features a smaller dimple embedded inside a larger one. The result is a ball with an impressive aerodynamic flight and distance (never a problem with the Rock-Flites) that retains enough softness for spinning and respectable control around the greens. "It plays like a poor man's tour ball," says Colton...
...moving his money out of the relevant funds and would dip into his own pocket to help the foreclosure victims. Of course, he would have avoided the embarrassment if he had cashed out when the issue first surfaced. Hillary and Bill Clinton, it's worth noting, liquidated their portfolio in April to avoid precisely this sort of thing...
...strong returns reflected both favorable markets and the expertise of our portfolio managers," El-Erian said in a telephone interview...
...Erian said that he has worked to rebuild the internal portfolio management team so that it now covers five distinct areas. HMC has hired managers from the industry to head these teams, restructured its group of external managers, and improved its risk-analysis capability, El-Erian said. El-Erian said that the changes he has enacted appear to have been effective in establishing stability for the largest university endowment in the world...