Growth depends on the productive use of investment and "capitalistic animal spirits," but that is not taking place now, Pimco's Bill Gross said.» Read More
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.
Bond manager Pimco lost one familiar face this year but is seeing another return.
FRANKFURT, May 14- German insurer Allianz has called on its California- based asset manager Pimco to prove itself after investors withdrew a further 22 billion euros in the first quarter, denting group earnings.
LONDON, May 14- The prospect of years of so-called' low-flation' has become so ingrained in western financial markets this year that even a hint of creeping prices could deliver quite a shock.
May 9- The Pimco Total Return Fund, the world's largest bond fund, cut its holdings of U.S. mortgage securities for a third straight month in April to its lowest level since July 2010 on continued bets that the Federal Reserve will conclude bond purchases this year, data from the firm's website showed on Friday.
The Pimco Total Return Fund, the world's largest bond fund run by Bill Gross, cut its holdings of U.S. mortgages in April, according to its website.
*Customers like new Pimco leadership structure- Allianz CEO. MUNICH, May 7- Europe's biggest insurer Allianz defended its U.S. asset management business Pimco on Wednesday as it came under fire for failing to stem the flow of heavy investor withdrawals.