Стиль управления Билла Гросса в Pimco

Ничего не кристаллизуется противоречие по стилю управления Билла Гросса в Pimco столько как предположение, что один чиновник был так несчастен, он ушел, чтобы продать кроки месье из пищевой грузовик. 

Но с уходом г-на Гросса в прошлом месяце, Жереми Banet складывает с себя фартук и возвращение к управляющей компании фонда облигаций он оставил в июне. 

Г-н Banet, кто управлял облигаций портфеля инфляции защищенные, начнет работу на следующей неделе, Pimco сказал, и что он был одним из двух бывших руководителей, возвращающихся в Ньюпорт-Бич-йоркской фирмы. 

Эта новость появилась в Pimco пытается убедить клиентов, чтобы сохранить свои деньги с компании, несмотря на месяцы негативных заголовков о суматохе управления и ухода ее звездой и основателя. В клиентских встреч, компания была подчеркивая глубину таланта среди его 240-сильная команда портфельных менеджеров. 

Начиная с июня, г-н Banet было сосредоточено на месье мадам, пищевой грузовиков бизнеса он работает вместе со своей женой, которая обещает "кустарным французской кухни" и "под другим углом к французской Art De Vivre". 

Согласно отчетности лечение г-Banet от рук г-на Гросса стал символом опасений иногда властный стиль босса в PIMCO, который в конечном итоге привело к восстанию некоторыми портфельных менеджеров компании. 

RealtyShares was able to raise a million dollars

The Oculus Rift virtual reality headset certainly caused a rift with the donors who shelled out $2.4 million on Kickstarter in 2012. When Facebook bought Oculus a year and a half later for $2 billion in cash and stock, backers did not get a jaw-dropping 145x return. Instead they got a T-shirt, a poster or 300 VR headsets. Kickstarter is a donation-based system where the creator does not give out equity. There is no risk involved because you are not “investing” and the reward is often limited to a CD, a T-Shirt or the product itself.

The crowdfunding industry is growing. According to Crowdsourcing.org, total funds raised in 2013 were $5.1 billion and that number is projected to double this year. Nav Athwal runs a real estate platform for project sponsors and interested investors called RealtyShares, the company helps investors get into big property purchases with small amounts of capital. He says it’s important for consumers to understand what exactly they are investing in when they crowd-fund across various platforms. RealtyShares was able to raise a million dollars in less than 15 hours for a property in Cincinnati. Other examples include RealtyMogul, which raised $1.5 million for a 15 percent stake in the Hard Rock Hotel Palm Springs. That was crowdfunded by a group of 85 people.

Take venture-investing sites such AngelList and WeFunder. The latter raised half a million dollars to fund a flying car that you can park in your garage and drive to the airport. It then sprouts wings before taking off on the runway. WeFunder also a funded a startup called Wevorce that makes getting divorced much easier. Investment crowdfunding is typically limited to accredited investors (those with a net worth of $1 million, or an annual income of at least $200,000.) There is a high risk factor involved- failure rates range from 75% 90% of all tech startups. Still you can’t debate the “cool” factor.

By Frank Tang and Jan Harvey

By Frank Tang and Jan Harvey

NEW YORK/LONDON (Reuters) - Gold dipped below $1,200 an ounce on Thursday and silver plunged 4 percent to its lowest since March 2010, a day after the U.S. Federal Reserve gave upbeat comments about economic growth and ended its year-long bond-buying stimulus program.

Unexpectedly strong third-quarter U.S. economic growth data on Thursday, coupled with the Fed policy statement which suggested the U.S. central bank could hike interest rates sooner than expected, lifted the dollar index. [FRX/]

Also weighing down on the precious metal complex was data showing weak price pressure in Germany and Spain. Muted inflation readings gave the European Central Bank some grounds to hold off more economic stimulus. [ID:nL5N0SP4BA]

Analysts said that expectations of a sooner-than-expected interest rate hike and a subsequent a dollar rally could further pressure gold prices.

A sales assistant arranges gold necklaces at a store in Lianyungang, 

"Our sense is that there are still obviously more adjustments still to come in terms of (higher)

real rates and the dollar, and we do feel that gold will be breaking those lows," said Michael Lewis, head of commodity research at Deutsche Bank.

Spot gold fell as low as $1,195.70 an ounce, which marked a three-week low. It was last down 1.2 percent to $1,197.40 an ounce by 11:25 p.m. (1525 GMT).

U.S. COMEX December gold futures were down $27.90 at $1,197.

U.S. interest rate futures shifted to show better-than-even chances of a rate rise next September. Previously, they had indicated a rise in October.

That dented interest in gold, which as a non-yielding asset tends to benefit from ultra-low rates.

The U.S. central bank largely dismissed financial market volatility, a slowdown in Europe and a weak inflation outlook as factors that might limit progress towards its unemployment and inflation goals. [ID:nL1N0SO24I]

Commerce Department data showed a smaller trade deficit and a surge in defense spending buoyed U.S. growth in the third quarter, though other details of Thursday's report hinted at some loss of momentum. [ID:nLNNULEA31]

Silver was down 4.1 percent at $16.35 an ounce, having earlier hit its lowest since March 2010 at $16.30.

COMEX options floor trader Jonathan Jossen said investors sold silver on heavy losses in copper and technical selling after it broke below key support near $16.80, near its recent low from earlier this month.

Spot platinum fell 1.5 percent to $1,235.25 an ounce, while spot palladium dropped 1.9 percent to $774.75 an ounce.

(Additional reporting by A. Ananthalakshmi in Singapore, Editing by William Hardy and David Clarke and Marguerita Choy)