Bill Gross, the founder of the Pacific Investment Management Company (:PIMCO), is leaving the firm to join Janus Capital (JNS). Mr. Gross is arguably one of the most impactful bond investors in the world, heading a team that amassed …
These days Bernanke is a fellow at the Brookings Institution in Washington and …
Pimco, which oversaw more than $1.77 trillion in assets as of March 31, has been cutting its exposure to high-yield debt and investment-grade bonds. The Newport Beach, California-based firm, owned by Allianz SE, has also been reducing …
The bond king is fleeing Pimco. Bill Gross is leaving Pacific Investment Management Co., the investment firm he co-founded in 1971, and will be joining Janus Capital Group, according to a statement released Friday morning.
May 15 -- Pimco said Thursday that it will close three active stock mutual funds and instead focus on enhanced indexing strategies. Bloomberg's Mary Childs reports on “Market Makers.”
they have delivered excellent results across their strategies, which deserve more attention.” Janus shares are up 16.5 per cent premarket. Lex Live on Pimco begins at 2.30pm BST, 8.30am EST.
If you own the Pimco Total Return Fund (PTTRX) in a taxable investment account, you’ve already been crushed by a manager departure, high portfolio turnover, and the ugliness may not yet be over. Ron DeLegge, Chief Portfolio …
May 15 -- Pimco said Thursday that it will close three active stock mutual funds and instead focus on enhanced indexing strategies. Bloomberg's Mary Childs reports on “Bloomberg Surveillance.”