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.
Gundlach, State Street Launch Total Return ETF
The SPDR DoubleLine Total Return Tactical ETF will include mortgage-backed securities and junk bonds.
Investors Continue to Shun Equity Funds, PIMCO
The SPDR S&P 500 ETF had a 12% drop in assets in January alone, according to a Morningstar report.
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.
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.