(Bloomberg)-- Pacific Investment Management's biggest mutual fund had the worst year of client withdrawals in the history of fund management as the firm lost both of its co-chief investment officers, Bill Gross and Mohamed El - Erian. (financial-planning.com)
Tokyo - based cryptocurrency exchange Coincheck has announced via Twitter that it has halted client withdrawals in all cryptocurrencies with the exception of bitcoin, evoking nightmares of Japan's Mt. Gox meltdown and sending the top 10 cryptocurrencies lower in the interim. (bitcoinnews.international)
Wealthfront, an automated financial advisor, said it has not seen a correlation between client withdrawals and market performance for the four stock corrections the company has experienced. (cnbc.com)