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.
PIMCO’s Gross Fights for the 1% (of ‘Excess Return’) in a 4%-5% World
Bill Gross says we’ve entered a new epoch of low returns driven by income rather than capital gains, making skilled management all the more critical.
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.
Jeremy Siegel: Dow Could Reach 21,000 by Year-End
The Wharton finance professor discussed his bullish predictions for the Dow on Wednesday on CNBC's "Halftime Report."
Bill Gross’ One Big Idea: Things Are Better Than You Think, Investor
Viewed through the lens of a "real" fed funds rate of 0%, the markets aren’t so bubbly, the PIMCO bond king says.
Best Finance Tweets of the Month: June
Bill Gross wears sunglasses at Morningstar, the Twitterati play hooky to watch the World Cup and more.
PIMCO Taps McCulley as Economist; Calvert's Krumsiek to Shift Roles
PIMCO rehired Paul McCulley to serve as a managing director and take on a new role as the group's chief economist. McCulley, who worked for the firm from 1990 to 1992 and from 1999 to 2010, also will be a member of PIMCO's Investment Committee and will report directly to...
Is the Market Efficient? Cliff Asness Says Yes, and No
At Morningstar, AQR Capital’s leader presents Fama and Shiller’s arguments and says he has “learned to live with my schizophrenia.”
What’s Up With Bill Gross? Morningstar Crowd Baffled
Reaction to the PIMCO leader's keynote speech at Morningstar Investment Conference was quick, widespread and heavily digital.
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.