PIMCO Replaced by TCW as Manager of $1.3 Billion Bond Strategy
The PIMCO Mortgage-Backed Securities Fund will be renamed TCW Core Plus Bond Fund. The decision was made before Mohamed El-Erian's departure, sources said.
Gross to Lighten Grip on Dissent at PIMCO: Report
Meanwhile, a PIMCO trustee criticizes Bill Gross’ $200 million salary.
Bill Gross on Stocks: Head for Exits After 2014
Bill Gross says 2014 will be a good year, but, quoting Yeats, warns that after years of QE, the center cannot hold.
PIMCO’s Gross: El-Erian ‘Trying to Undermine Me’
The PIMCO co-founder lashes out at El-Erian for talking to press, says he monitored El-Erian’s phone calls.
Bill Gross Defends Tough Management Style
The PIMCO founder says "hard love" is sometimes necessary. Questions remain about the bond shop’s future in the wake of El-Erian’s abrupt exit.
Gross, El-Erian Clashed in PIMCO ‘Pressure Cooker’
Wall Street Journal says tension with Gross drove El-Erian out; management consultant Eric Flamholtz weighs in on "unhealthy" culture at PIMCO.
Economist Sees Global Deflation Fears as Overblown
The United States, Europe and Japan have very different stories that believe the assumption that deflation is harmful and must be aggressively combated.
Is China Heading for a Real Estate Bubble Burst?
China is cracking down on shadow banking and lending to protect its economy, but could a real estate bubble bust all its efforts?
5 Messy Financial Firm Breakups—and One Keeping Mum
Sometimes being No. 2, or even No. 1, doesn't guarantee a future with the company.
Why Wall St.’s Bullish Stock Stance Is Wrong
Whether your assumption is insidious inflation or dangerous deflation, portfolio manager Ron Surz says, you should expect stock prices to be headed downward.