The bond guru tells investors to consider the negatives of Trump's anti-globalization ideas.
For investors, the near-term ramifications likely will be more gains in the stock market. But the picture down the road isn't as simple.
NEW YORK, Dec 6- One of the world's most prominent investors, Bill Gross, predicted an end to the post-election stock rally, saying that Donald Trump's anti-globalization policies would restrict trade and reduce corporate profits over the long term. Gross, who oversees the $1.7 billion Janus Global Unconstrained Bond Fund, added that investors should brace for...
The SEC said Pimco overstated the ETF's value and provided "misleading" reasons for the fund's early success, which was premised on buying small pieces or "odd lots" of mortgaged-backed securities that sell at a discount to larger units. Despite fairly small trades, the strategy added as much as 54 percent to the fund's monthly cumulative performance returns in...
The SEC said Pimco overstated the ETF's value and provided "misleading" reasons for the fund's early success, which was premised on buying small pieces or "odd lots" of mortgaged-backed securities that sell at a discount to larger units. The asset manager used a third-party pricing service that valued the bonds as though they were larger pieces, overstating its...
The Securities and Exchange Commission's settlement with Pimco, a unit of German insurer Allianz SE, came more than two years after legendary bond manager Bill Gross, who managed Pimco's Total Return Fund, left the company for smaller rival Janus Capital Group.
Dec 1- Pacific Investment Management Co and a top U.S. regulator have settled claims the bond manager mismarked securities in a fund formerly managed by investor Bill Gross, the Wall Street Journal reported, citing sources. Pimco agreed to pay about $20 million to the Securities and Exchange Commission, people familiar with the matter told the WSJ.
Bill Gross shares his views on the election and markets in an exclusive interview Wednesday on CNBC's "Power Lunch."
President-elect Donald Trump will last no more than four years in the White House, bond manager Bill Gross of Janus Capital said Wednesday.
Bill Gross, Janus Global Unconstrained Bond Fund portfolio manager, weighs Donald Trump's economic agenda.
The full interview with Bill Gross.
JANUS CAPITAL'S BILL GROSS SAYS DONALD TRUMP WILL BE ONE-TERM U.S.
NEW YORK, Nov 16- President-elect Donald Trump will last no more than four years in the White House, a period when corporations and Wall Street will retain the upper hand over the struggling workers who helped elect him in a populist wave, bond manager Bill Gross of Janus Capital Group Inc said on Wednesday. He now oversees the $1.7 billion Janus Global...
*Strong start for CEO Manny Roman; Allianz beats forecasts. LONDON, Nov 11- Pacific Investment Management Co's new boss Manny Roman, who joined last week from British hedge fund firm Man Group, has a steadier platform to rebuild it from after the California- based firm finally stemmed an outflow of client money. Much of these outflows followed the high-profile and...
LONDON, Nov 11- Europe's largest insurer Allianz signaled it might return cash to shareholders after reporting forecast-beating quarterly earnings on Friday and the first positive flows into U.S. bond fund manager Pimco in over three years. "The most positive news... is that asset management and in particular Pimco has stopped net outflows," DZ Bank analyst...
Bill Gross said Wednesday the Federal Reserve's decision shows that the U.S. is on a steady, albeit slow, path toward normalization.
Bill Gross, Janus Global unconstrained bond fund, discusses the 2016 election and how the bond market may react to a Clinton or Trump presidency.
Bill Gross, Janus Global unconstrained bond fund, discusses the Federal Reserve's latest policy statement leaving rates unchanged.
Gold may be one of bond guru Bill Gross' favorite investments lately, but he also likes LinkedIn and Microsoft on their upcoming combination.
Bill Gross, Janus Global Unconstrained Bond Fund Portfolio Manager, discusses his latest investment outlook and his views on central bank backstops.