Bill Gross, manager of the world's largest bond fund at Pimco, said that income, rather than capital gains, would drive future returns.» Read More
NEW YORK, July 30- Bill Gross, manager of the world's largest bond fund at Pimco, said Wednesday that income, rather than capital gains, would drive future investment returns as a result of low global economic growth. Gross's views are closely watched because his flagship Pimco Total Return Fund is the world's biggest bond fund, with $225 billion in assets.
FRANKFURT, July 23- When Bill Gross eventually retires as chief investment officer of California- based asset manager Pimco, his "Bond King" crown will go with him. Allianz, the German insurer which owns Pimco, wants to ensure that in a post-Gross era the asset manager he co-founded will not be so reliant on the investment decisions of one person.
NEW YORK, July 15- Investors in U.S.-based mutual funds pulled $8.3 billion out of funds that specialize in U.S. stocks in June on concerns that U.S. shares had little upside at record levels, Morningstar data showed on Tuesday.
NEW YORK, July 10- Bill Gross, who runs the world's biggest bond fund at Pacific Investment Management Co, slightly reduced his holdings of U.S.
July 8- The past 15 years of bubbles and busts notwithstanding, sometimes it may be best to just assume financial markets have got it right. The central problem facing investors today is how to reconcile patchy and uneven growth in the economy with very full valuations for stocks and other risky assets.
Pimco CIO and co-founder Bill Gross discusses increasing public perception of the "new neutral" and weighs in on Janet Yellen and macroprudential supervision.
CHICAGO, June 30- Contemplating the end of a 30- year bull run in bond prices is a bit like waiting to go to the dentist for some long-needed procedure. You know it needs to happen, but you procrastinate. The end of the bond rally has been telegraphed for more than a year, so it needn't be painful if you prepare for it now.
Sharp market swings could hurt those selling volatility insurance. The Financial Times reports.
Managing a mutual fund is nothing short of a noble calling to alleviate wealth inequality, according to a Morningstar senior executive.
A future of interest rates near zero means slower but more steady growth, according to "Bond King" Bill Gross.
BOSTON, June 10- Jane Mendillo, the first woman to run Harvard University's investment arm, will leave at the end of 2014 after guiding the Ivy League school's $32.7 billion endowment through the financial crisis and its aftermath, she said on Tuesday.
Pimco's Bill Gross addresses the real rate right now, and how his company is working to reverse outflows. He says Pimco will be "close to the top of the pack in terms of the bond market by the end of this year."
Bill Gross' Pimco Total Return Fund, posted $4.3 billion in net outflows in May, marking its 13th straight month of investor withdrawals.
Discussing exuberance in the market, and how investors should interpret the Fed's monetary policy, with Pimco's Bill Gross and Paul McCulley.
Pimco's Bill Gross and Paul McCulley, discuss whether investors have gone credit crazy.
Pimco's Bill Gross and Paul McCulley, share their view of the global market and economy, and what would happen if the European Central Bank decided to ease policy.
Paul McCulley is rejoining Pimco as the firm's chief economist. The "Street Signs" crew speaks with Pimco's Bill Gross and McCulley about the move.
RANCHO PALOS VERDE, California, May 28- Intel Corp introduced a walking, talking robot on Wednesday made from 3 D-printed parts that will be available to consumers later this year, if they are willing to assemble it with a kit that costs around $1,600.
NEW YORK, May 27- Pimco said on Tuesday it has rehired Paul McCulley, who was previously a portfolio manager and the bond giant's top analyst of the U.S. The firm, which oversaw $1.94 trillion at the end of March, said McCulley will be its chief economist, a newly created role, and will report to Bill Gross, co-founder and chief investment officer.
CNBC's Jeff Cox discusses the rehire of former Pimco senior executive Paul McCulley.