Billionaire investor George Soros has yanked his roughly $500 million investment with "bond king" Bill Gross, the WSJ reports.
The investment firm run by billionaire hedge funder George Soros, pulled $500 million from Bill Gross fund according to Dow Jones, reports CNBC's Dom Chu.
"We get this question all the time."
Allianz is the parent company of Pimco. Oliver Bate, Allianz SE Chairman and CEO, discusses Bill Gross' lawsuit, and the company's growth strategy.
Mr. Gross's lawsuit against PIMCO is not simply about astronomical damages, but much more, says Dan Eaton.
Richard Clarida, Global Strategic Advisor, Managing Director, PIMCO, responds to news that PIMCO Founder Bill Gross is suing the company for $200 million.
Patty Glaser, PIMCO Founder Bill Gross's lawyer, explains why Gross is suing PIMCO for $200 million.
CNBC's Brian Sullivan details the "spy novel" plot behind why PIMCO founder and former CIO Bill Gross is suing PIMCO, saying the company's "improper, dishonest and unethical behavior must now be exposed."
PIMCO responds to Bill Gross' lawsuit over wrongful termination, reports CNBC's Sue Herera.
Bond guru Bill Gross is suing Pimco, the company he founded decades ago.
Former PIMCO founder and CIO Bill Gross sues PIMCO, saying the company's "improper, dishonest and unethical behavior must now be exposed."
Another lackluster trading session
The widely followed manager said the Fed's aversion to normalizing is having negative effects throughout the economy.
Janus manager Bill Gross has some advice for the Federal Reserve on interest rates Wednesday morning.
Bill Gross, Janus Global Unconstrained Bond Fund, Janus, offers his perspective on the Fed decision to leave rates unchanged.
August's job number is sufficient proof enough for the Fed to raise interest rates in either September or December, Bill Gross says.
Bill Gross of Janus Global Unconstrained Bond Fund, reacts to the U.S. jobs number, and the impact of monetary policy on the U.S. economy.
Most of the country is experiencing solid growth, with only the energy sector providing a drag, the Federal Reserve reported Thursday.
Bill Gross said the Fed may have missed its window of opportunity to hike rates and normalizing now could create "self-inflicted instability."
Investors continue to pull money out of Bill Gross' new bond fund, though the exodus slowed somewhat in July.