(Reuters) - Bond fund manager Bill Gross on Tuesday accused Pacific Investment Management Co of falsely claiming he suddenly decided to abandon the firm he co-founded in an effort to win dismissal of his $200 million breach-of-contract …
Today, the fund’s assets total just north of $143 billion (though the Pimco Total Return Fund (PTTRX) is now less than half its ... (For related reading see: Alternatives to Pimco's Total Return Fund.)
Gross' sudden departure in September 2014 followed months of negative reports about his management style and weak performance at Pimco Total Return <PTTRX.O>, which he had built into the world's largest bond fund by assets, a …