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.
Ritholtz: Guess How Much Money Bill Gross Made Last Year?
Gross made nearly as much money at Pimco as 20 CEOs combined. Was he worth it? Barry Ritholtz asks.
PIMCO Outflows Painful but Not Deadly: Morningstar
The flagship Total Return Fund had $50 billion in net outflows in the past two months, but Morningstar sees positive future potential.
Gross Exit Prompts $27.5 Billion in Withdrawals From PIMCO Total Return
But redemptions "slowed sharply" after the first five trading days of October, PIMCO said.
Former PIMCO Parent Pacific Life Moves Accounts to Janus
Pacific Life is moving some money to Bill Gross’ new firm, Janus, which said the decision pre-dated Gross’ exit.
Morningstar: PIMCO’s Post-Gross Total Return Fund Is Fine—for Now
While the fund has seen “significant outflows,” PIMCO has “sufficient liquidity” to handle it, says Morningstar’s fixed-income team.
El-Erian Talks Jobs, Particularly Bill Gross’
Mohamed El-Erian, former PIMCO CEO, was surprised to hear the news of Gross’ departure.
Ex-PIMCO Money Manager Accused Firm of ETF Manipulation
The manager accused PIMCO in a lawsuit last year of manipulating the price of its Total Return ETF, then withdrew his complaint without explanation.
Bill Gross’ Departure: What Plan Fiduciaries Need to Know
PIMCO's Total Return Fund, previously managed by Gross, is a "pillar" of many 401(k) platforms. Will it stay that way?
What Bill Gross’ Resignation Means for PIMCO, Janus & Markets
John Bogle, Lou Harvey and other experts discuss how the fixed-income guru's "rock star status" could affect fund flows and the industry.