GO
Loading...

Bill Gross

More

  • April 16- BlackRock Inc said on Thursday it plans to beef up its quantitative investing team as the sector continued to outperform peers and reported its actively managed equity funds recorded the first inflows since 2013.. BlackRock, the world's largest money manager, also reported that first-quarter profit rose by 8.7 percent, and adjusted earnings topped...

  • NEW YORK, April 2- Investors yanked $7.3 billion from the Pimco Total Return Fund in March as Pimco's flagship fund continued to reel six months after the exit of co-founder Bill Gross. The Pimco Total Return Fund remains the world's largest bond fund, although it is now only slightly bigger than the Vanguard Total Bond Market Index fund, which has assets of $116.8...

  • The Los Angeles- based firm, whose co-founder Jeffrey Gundlach is renowned investor Bill Gross's fiercest rival in the bond market, said the DoubleLine Total Return Bond Fund, the firm's largest fund by total assets, also saw inflows in March. The DoubleLine Total Return Bond Fund, with $45.8 billion in assets under management, invests primarily in...

  • US dollar's 'growth stock' story: Paul McCulley   Friday, 20 Mar 2015 | 7:08 AM ET
    US dollar's 'growth stock' story: Paul McCulley

    Former Pimco Chief Economist Paul McCulley, discusses the future of the U.S. dollar, Fed policy, Europe's long-term liquidity problem.

  • Pimco's 'natural evolution' after Bill Gross   Friday, 20 Mar 2015 | 7:06 AM ET
    Pimco's 'natural evolution' after Bill Gross

    Former Pimco Chief Economist Paul McCulley discusses the end of the Bill Gross era at Pimco and why he is bullish on the company's future.

  • Bill Gross: Fed’s new word is prudence Wednesday, 18 Mar 2015 | 3:10 PM ET
    Bill Gross

    Janus Capital's Bill Gross explains why the Fed's latest statement has caused him to push back his rate-hike projection.

  • Analysts: No stock bubble today Tuesday, 3 Mar 2015 | 4:48 PM ET
    Nasdaq market site

    Two analysts told CNBC that they saw no traces of a stock bubble and even said that the market is undervalued at the moment.

  • NEW YORK, March 3- Investors yanked another $8.6 billion from the Pimco Total Return Fund last month, Pimco said on Tuesday in the latest indication the firm's flagship fund is still reeling from the sudden departure of co-founder Bill Gross last September. In an interview with Reuters on Tuesday, Pimco Group Chief Investment Officer Dan Ivascyn said: "We...

  • NEW YORK, March 3- Pimco's top investment officer said on Tuesday that "late decision makers" are largely behind a rush of withdrawals from its flagship bond fund some five months after the departure of longtime manager Bill Gross, but the outflows should taper off before long. Ivasycn's comments came as the firm reported another $8.6 billion of outflows in...

  • NEW YORK, March 3- Investors yanked another $8.6 billion from the Pimco Total Return Fund last month, Pimco said on Tuesday in the latest indication the firm's flagship fund is still reeling from the sudden departure of co-founder Bill Gross last September. The fund had assets under management of $124.7 billion at the end of February, down from a peak of $292.9...

  • NEW YORK, March 2- Bond investor Bill Gross on Monday criticized ultra-low interest rates, saying they could harm global growth instead of boosting it in the way that many central banks intend. "Low interest rates globally destroy financial business models that are critical to the functioning of modern day economies," Gross, who oversees the Janus Global...

  • Gross: Nasdaq 5K represents a 'bit of a bubble' Monday, 2 Mar 2015 | 2:09 PM ET
    Bill Gross during CNBC interview

    Janus Capital's Bill Gross on Monday said the Nasdaq hitting 5,000 represents "a little bit of a bubble."

  • NEW YORK, March 2- DoubleLine Funds, an investment firm that has been a major competitor to bond fund Pimco, on Monday reported a net inflow of $1.59 billion in February, compared with a record net inflow in January of $3.04 billion. The Los Angeles- based firm, co-founded by Jeffrey Gundlach, said the DoubleLine Total Return Bond Fund, the firm's largest fund by total...

  • Bill Gross: Central banks have gone 'too far' Monday, 2 Mar 2015 | 10:09 AM ET
    Bill Gross

    Ultra-easy central bank policies are about to come back to bite the economy, Gross said in his latest letter to investors.

  • MUNICH, Feb 26- German insurer Allianz raised its dividend by less than expected after earnings in its core property and casualty insurance businesses lagged and asset management stalled following client defections at its U.S. unit Pimco. Shares in Europe's largest insurer fell more than 3 percent on Thursday and were the biggest decliners in Germany's blue...

  • Bond king: Gundlach has best bond ETF debut ever Wednesday, 25 Feb 2015 | 8:19 AM ET
    Jeffrey Gundlach

    Jeffrey Gundlach launched a new fund, and it had the highest ever first-day volume of any new bond ETF.

  • Pimco's chief economist, managing director resigns Friday, 20 Feb 2015 | 12:21 PM ET
    Pimco headquarters in Newport Beach, Calif.

    Bill Gross associate Paul McCulley is stepping down as Pimco's chief economist and managing director.

  • NEW YORK, Feb 10- Pimco said on Tuesday that it has hired Joachim Fels, formerly managing director and chief economist at Morgan Stanley, as the world's biggest bond manager continues to bolster its ranks after a leadership shake-up over the last year. Fels will join as a managing director and global economic advisor, the Newport Beach, Calif.- headquartered...

  • Bill Gross: I’m not trying to build Pimco Part II Monday, 9 Feb 2015 | 9:46 AM ET
    Bill Gross during CNBC interview

    Narrowing down a list of questions for Bill Gross is no easy task. The FT reports.

  • Cash withdrawals totaled $150 billion from Pimco's U.S. open-end mutual funds in 2014. In January, investors pulled $11.6 billion from the Pimco Total Return Fund. 'said Mendel Melzer, chief investment officer for The Newport Group, a Heathrow, Florida- based consultant to institutional investors, including 400 retirement plans, with $21 billion in assets...