Russell Investments and the Fort Lauderdale Police & Fire Retirement System dropped PIMCO as their bond portfolios manager following the exit of Bill Gross.» Read More
Oct 1- Pacific Investment Management Co suffered a record $23.5 billion of withdrawals from its flagship Pimco Total Return Fund in September, with its largest daily outflow occurring on the day of Bill Gross's surprise resignation from the firm. The Newport Beach, Calif.- based fund manager said the Pimco Total Return Fund, which was run by Gross for 27 years, is "...
WASHINGTON, Oct 1- The U.S. bond market may be teetering on the brink of a "liquidity cliff" and appears to be an asset "bubble" that could burst once interest rates start to rise again, a top U.S. securities regulator said on Wednesday. "Everybody knows that this is a cliff that is coming," said Securities and Exchange Commission Republican member Daniel Gallagher, in...
Pimco's flagship Total Return Fund saw an estimated $23.5 billion in outflows in September, the investment firm said.
"Shark Tank" investor Kevin O'Leary and CNBC's Rick Santelli discuss chaos surrounding Bill Gross' departure from Pimco.
CNBC's Kate Kelly reports Pimco's total return fund outflows surged to $23.5 billion in September.
The DoubleLine Fund run by Jeff Gundlach, and a major competitor of Pimco saw their inflows double in the month of September, reports CNBC's Kate Kelly.
BOSTON, Oct 1- Vanguard Group's global bond chief said Wednesday the company has tightened controls at some of its long-term bond funds to screen out "hot money" amid heavy cash outflows from rival Pacific Investment Management Co..
BOSTON, Oct 1- Vanguard Group's global fixed income chief said Wednesday the company has tightened controls at some of its long-term bond funds to screen out "hot money" amid heavy cash outflows from rival Pacific Investment Management Co..
FRANKFURT, Oct 1- German insurer Allianz, still smarting from the sudden resignation of Bill Gross, founder of its Pimco asset management unit, is expected to break its own age rules by extending the contract of Chief Executive Michael Diekmann on Thursday.
Greg Zuckerman, Wall Street Journal special writer, shares his thoughts on the future of Pimco now that Bill Gross has left.
NEW YORK, Sept 30- Pimco intends to expand its equities business and there will be no difference in the firm's portfolio management following the departure of former Chief Investment Officer Bill Gross, two top Pimco executives said on Tuesday.
In the wake of Bill Gross leaving Pimco, Richard Coppa, Wealth Health, and David Mendels, Creative Financial Concepts, discuss if they are advising investors to stay in or pull their money from Pimco.
The world bond market is huge and even Pimco isn't going to move the needle in all these different markets, one bond manager told CNBC.
CNBC's Rick Santelli weighs in on the impact Bill Gross had on Pimco and looks forward to future performance of the institution.
Discussing Pimco's future in equities and if investors will leave for Janus, with Tim Maurer, BAM Alliance, and Ric Edelman, Edelman Financial Services.
CNBC's Brian Sullivan asks Pimco CEO Doug Hodge about the future of the equities business at Pimco. Hodge says growing active equities is an important part of the way forward.
CNBC's Brian Sullivan speaks to new Pimco CIO Daniel Ivascyn about Pimco's recent performance, his investment style and how it will differ from Bill Gross' investment philosophy.
Is it a good thing or bad that Bill Gross is gone? CNBC Contributor Bethany McLean, weighs in on whether Bill Gross became too much of a polarizing force at Pimco.
Discussing stability at Pimco and the direction of its Total Return ETF now that outflows total about $546 million, with Russ Kinnel, Morningstar.
CNBC's Brian Sullivan speaks to Pimco CEO Doug Hodge about the future of managing director Paul McCulley at Pimco.