PIMCO Names Man Group’s Chief Emmanuel Roman as Its New CEO
Roman to replace Douglas Hodge, who succeeded Mohamed El-Erian in 2014, as asset manager moves to diversify beyond fixed income focus.
Gross Says Negative Rates Will Explode Like a ‘Supernova’
Global yields are “lowest in 500 years,” says head of Janus Unconstrained Fund, which has returned 3.2% in 2016.
Bill Gross, Mohamed El-Erian Warn Against Counting the Fed Out
U.S. rate increase may come in June as wages rise, Gross says; El-Erian and others say two Fed moves are possible this year.
PIMCO Says Bill Gross Was Told if He Quit He'd Lose $200M Bonus
Firm responds in suit saying CEO and counsel warned co-founder; Gross left a handwritten message "in the middle of the night."
Bill Gross: Deficits Plus Demographics Equal Disaster
As more retirees burden fewer workers, Americans will need "extra doses of Xanax, or additional slices of cake, to cope," says the bond guru.
PIMCO Managing Director Bhansali Quits, Opens LongTail Alpha
The Harvard-trained physicist will lead tail-risk focused strategy and says volatility and risk today make timing "optimal."
Gundlach Warns of ‘Carnage’ in Post Rate-Hike World
The DoubleLine CEO says that when the Fed raises rates, everything will change.
PIMCO Dethroned as Emerging-Market Bond King
Stone Harbor Fund rises to top of emerging market heap, as PIMCO is battered by strong dollar and big bets on Brazil.
PIMCO Says Gross Lawsuit Is ‘Reputational Warfare’
The fixed-income guru’s former firm moves to get a suit he brought thrown out of court in California.
Gross Sues PIMCO: Seeking Justice or Revenge?
Experts share their views on what the Janus bond king hopes to accomplish with his legal maneuver.