PIMCO Outflows Slow, Firm Hires ‘Distressed Credit’ Manager
The level of pain at the flagship Total Return fund is down, but a rival fund continues to shine.
Allianz Backs ‘Legend’ Bill Gross as PIMCO Total Return Lags
“We want Bill Gross to work as CIO for as long as he is willing and able,” says Allianz board member Jay Ralph.
PIMCO Total Return Outflows Top $64B: Morningstar
Another month, another period of declining assets for Bill Gross and the bond shop, according to the latest research.
Sunglasses-Wearing Bill Gross Says He’s a ‘Cool Dude,’ Forecasts 3%-5% Return
PIMCO’s Gross speaks of “The Manchurian Candidate” and the press, says Total Return fund is outperforming, and waxes on “New Neutral” of real Fed rates.
More Than 1,000 Advisors Attending Morningstar Conference; Gross, Asness Highlight Speakers
Also, Rick Ferri will dialogue with Chris Brightman of Research Affiliates—beehive of smart beta—on alternative indexing: desirable for honey or dangerous for its sting?
PIMCO’s Gross Cruises Into ‘New Neutral’
PIMCO leader mixes metaphors as he explores Fed’s “New Neutral” goal and what it means for investors. Oh, he also doesn’t own a cellphone.
PIMCO Brings Back McCulley
Bond group rehires popular economist Paul McCulley in hopes of stemming outflows, rebuilding leadership in wake of El-Erian's exit.
PIMCO Funds Bled $5.5 Billion in April: Morningstar
In contrast, Vanguard attracted $10.1 billion last month, Morningstar reported.
Quick QE Exit Unlikely, but Do Get a Bond Haircut: PIMCO, Loomis Sayles
"A bond and equity investor can choose to play with historically high risk to principal or quit the game and earn nothing,” says PIMCO's Bill Gross.
PIMCO to Add 3 ETFs With Bill Gross as Active Manager
PIMCO is adding bond king Bill Gross as co-manager on all three of its new actively traded ETFs, SEC filings say.