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.
El-Erian, Gross Split on Jobs Report ‘Wage Puzzle’
El-Erian is more optimistic than Gross on how the Fed will react to the drop in average earnings, but both see rate hikes this year.
Gross ‘Is Our Peyton Manning’: Janus Exec
The fund firm has its eyes on making a touchdown with its first ETF.
Passive Mutual Funds’ Inflows Top $156B: Morningstar
Vanguard's passive products are leading the field in flows, according to the research group.
Bill Gross Says Fed May Become ‘Dovish’ After Oil Prices Plunge
With U.S. oil prices below $60, the Federal Reserve may not be in a hurry to raise rates, the fixed-income expert says.
Can Wall Street and Main Street Be Aligned?
Positive employment news could do more than just spur growth in the U.S. economy, Mohamed El-Erian writes.
PIMCO Total Return Outflows Down 65% in November
Meanwhile, Bill Gross' new Janus fund added $770 million, and the DoubleLine Total Return Bond Fund gained $800 million during the month.
El-Erian Tells Investors to Sell Stock
The Allianz economic advisor sees a bumpy road ahead and warns investors to keep some "dry powder" on hand.