Apple Is the New Pimco, and Tim Cook Is the New Bond King
Tech companies hoarding cash have become big fixed income players, going after investment-grade offerings.
PIMCO Funds Down, Not Out (Yet): Morningstar
Still, the group has lost 37% of its assets since January 2014, Morningstar research shows.
Gundlach: Bond Market Pushing Fed to Tighten
The DoubleLine CEO is positive on emerging-market debt and isn't worried about junk bonds.
Bill Gross: Asset Prices ‘Are Bubbled’
Meanwhile, the Janus bond fund he leads attracted nearly $58 million in April.
Janus Readies ETF; Edward Jones Pushes Back Fund Rollouts
Investors can expect a new fixed income fund led by ex-PIMCO chief Bill Gross and equity products from Edward Jones' Bridge Builder brand.
Bill Gross: Low-Rate Policy ‘Destroys Capitalistic Model at the Margin’
The bond guru says he wants to replicate his PIMCO track record at Janus, sees 25 basis point rate hike in June.
Gross Owns Majority of Janus Bond Fund He Runs
Bill Gross and his family own 51.2% of the Janus Global Unconstrained Bond Fund after acquiring shares through brokerage accounts at Morgan Stanley and Schwab.
Bill Gross Put $700 Million Into Janus Unconstrained Fund
Bill Gross is “proud to eat his own cooking,” Janus CEO Dick Weil said during the firm's earnings call.
Gross Says PIMCO Fired Him, Turned Down Offer for Reduced Role
The fixed-income expert, now with Janus, said the firing "blindsided" him.
Top Portfolio Products: PIMCO, Research Affiliates Add Strategies
J.P. Morgan Asset Management adds an ETF, and Nasdaq said it would buy the RIA and research firm Dorsey Wright & Associates.