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Bill Gross

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  • Allianz soothes with dividend after Pimco outflows Friday, 7 Nov 2014 | 1:29 AM ET
    The logo of German insurer Allianz stands on the company's office buildings at Treptowers in Berlin, Germany.

    German insurer Allianz raised its dividend and promised to keep the cash flowing after unveiling a forecast-beating jump in net profit.

  • Pimco logs $48.3B in outflows after Bill Gross exit Thursday, 6 Nov 2014 | 7:39 AM ET
    A Pacific Investment Management Company advertisement is displayed on a building in Hong Kong, China.

    Pimco posted outflows of $48.3 billion across its open-ended funds in October following the surprise departure of Bill Gross.

  • NEW YORK, Nov 5- Pacific Investment Management Co posted outflows of $48.3 billion across its open-ended funds in October following the surprise departure of Bill Gross, adding to the $25.5 billion of withdrawals the previous month, according to Morningstar data on Wednesday. According to Morningstar's calculations, Pimco Total Return Fund suffered an...

  • EXCLUSIVE-Firms drop Pimco funds from managed accounts Wednesday, 5 Nov 2014 | 6:01 PM ET

    Nov 5- Charles Schwab Corp, Wells Fargo Advisors and Raymond James& Associates have all dropped Pimco funds from some investment portfolios they offer clients over the past several weeks, following the September resignation of fund manager and company co-founder Bill Gross. Pacific Investment Management Co has seen huge outflows since Gross, who ran the...

  • Nov 5- Charles Schwab Corp. has dropped the Pimco Total Return Fund from its Schwab Managed Portfolios mutual fund platform, a spokeswoman said Wednesday, citing organizational changes at Pacific Investment Management Company as the catalyst for the change. Charles Schwab Investment Advisory, the division that manages the Managed Portfolios platform,...

  • Pimco Total Return Fund posts record outflow Wednesday, 5 Nov 2014 | 6:43 AM ET
    A Pacific Investment Management Company advertisement

    Pimco saw a record $27.5 billion in withdrawals from Pimco Total Return Fund in October, extending large net outflows following Bill Gross' departure.

  • NEW YORK, Nov 4- Pacific Investment Management Co suffered a record $27.5 billion in withdrawals from its flagship Pimco Total Return Fund in October, extending large net outflows following Bill Gross' surprise resignation from the firm. The redemptions surpassed the $23.5 billion reported in September, according to a statement on Tuesday from Newport Beach,...

  • NEW YORK, Nov 3- Jeffrey Gundlach's DoubleLine Funds, an investment firm that has been a major rival of bond fund giant Pimco, reported its ninth consecutive month of inflows in October, totaling $2.38 billion, a record for monthly inflows so far this year. DoubleLine Capital, based in Los Angeles, said on Monday its flagship DoubleLine Total Return Bond Fund ended...

  • Pimco rehires Seidner, El-Erian confidant, as a CIO Monday, 3 Nov 2014 | 1:07 PM ET

    NEW YORK, Nov 3- In its effort to rebuild its leadership team after the departure of Bill Gross, Pacific Investment Management Co said on Monday it rehired Marc Seidner as chief investment officer of non-traditional strategies. The newly created role was announced by Daniel Ivascyn, Pimco's group chief investment officer, to whom Seidner will report.

  • NEW YORK, Nov 3- Famed bond investor Bill Gross on Monday warned that deflation remained a growing possibility despite aggressive monetary policies by central banks around the world. Gross, who oversees the Janus Global Unconstrained Bond Fund, said Alibaba Group Holding Ltd shares had soared from $68 to $92 in the first minute of their public debut, but other...

  • Bill Gross's deflation alert  Monday, 3 Nov 2014 | 10:59 AM ET

    Janus Capital's Bill Gross, the noted bond investor, issued a warning about the growing possibility of declining prices on Monday. The "Squawk on the Street" crew discusses the news.

  • Hold the mayo: Pimco sandwich guy back on the job Wednesday, 29 Oct 2014 | 11:58 AM ET

    In the dilemma between working at one of the biggest bond managers and running a food truck, the bond firm apparently wins out.

  • Oct 27- BlackRock on Monday became the latest asset manager to lower fees on some of its bond funds in recent weeks. BlackRock's fee cut, which follows similar changes by Lord Abbett and OppenheimerFunds, comes after the high-profile departure of Bill Gross from Pacific Investment Management Co in late September and could help the firm capture some of the...

  • Oct 27- BlackRock is lowering the fees on three of its bond funds, including its $4 billion Total Return Fund, according to a filing with the Securities and Exchange Commission Monday morning. BlackRock's move comes just weeks after the departure of Bill Gross from Pacific Investment Management Co.. "BlackRock regularly evaluates fund fees and expenses to...

  • BOSTON, Oct 23- Janus Capital Group Inc said on Thursday that third-quarter profit rose 25 percent, but the mutual fund company posted more outflows of investor cash as the arrival of star bond manager Bill Gross came too late to reverse the trend. Best known for its equity funds, Denver- based Janus late last month hired Gross from Pacific Investment Management Co,...

  • Oct 23- The Orange County Sanitation District, a wastewater treatment facility in California, became the latest institutional investor to move money away from bond giant Pimco, weeks after the shock departure of Pimco's CIO Bill Gross. The OCSD said its board on Wednesday unanimously approved the selection of Chandler Asset Management as its external...

  • NEW YORK, Oct 21- Ford Motor Co said on Tuesday the company will drop the Pimco Total Return Fund from its 401 k plan as a result of the sudden departure of Bill Gross. Effective Nov. 14, 2014, the Pimco Total Return Fund is being removed from Ford's investment lineup. " Gross, one of the bond market's most renowned investors and the former manager of the flagship Pimco...

  • Ford drops Pimco from 401(k) on Gross departure Tuesday, 21 Oct 2014 | 4:56 PM ET
    The 2014 Ford F-150.

    The sudden departure of Bill Gross prompted the move.

  • NEW YORK, Oct 21- If you are the kind of steadfast investor who buys a mutual fund and holds it forever, prepare to pay for your loyalty next April, when you settle up your 2014 tax bill. That is true of stock mutual funds that sold off last week after carrying forward big gains from 2013, and also may be true of the popular Pimco Total Return Fund, which was thrown a curve...

  • Gross gone, but El-Erian just says no to Pimco Tuesday, 21 Oct 2014 | 8:28 AM ET
    Mohamed El-Erian

    Asked if he'd want his old job back, Mohamed El-Erian tells CNBC: "No, I'm really happy with my life."