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Bill Gross

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  • NEW YORK, Oct 13- The Arkansas Teacher Retirement System terminated Pacific Investment Management Co, which managed about $475 million for its pension fund, following the departure of Bill Gross in September, George Hopkins, executive director, said on Monday. "Under any circumstance, we were going to trim our fixed-income exposure," Hopkins told Reuters.

  • NEW YORK, Oct 12- For Federal Reserve officials already worried about a persistent lack of U.S. wage and price growth, one corner of the bond market may be suggesting even more reason for alarm. The Treasury Inflation Protected Securities market is suggesting price stagnation may be just around the corner. Slowing global growth, particularly because of weakness...

  • BERLIN, Oct 11- Bond investors need to revise their expectations of the returns they can make in the years ahead, said Scott Mather, one of three Pimco managers who run the firm's Total Return Fund following the shock exit of co-founder Bill Gross last month. Pimco's flagship Total Return Fund has seen heavy outflows since Gross announced last month he was leaving...

  • A market in 'disarray' awaits the next move Friday, 10 Oct 2014 | 9:08 AM ET
    Trader on the floor of the New York Stock Exchange.

    Investors held their breath for another wild day, in a whipsaw week that has seen some of the biggest gains—and losses—for stocks all year.

  • Oct 9- The Pimco Total Return Fund, the world's largest bond fund whose long-time manager Bill Gross stunningly departed on Sept. 26, ended September with a slight reduction in U.S. government-related holdings and an increase in emerging markets investments. The Pimco Total Return Fund had exposure of 38 percent in U.S. government-related securities in...

  • NEW YORK, Oct 9- Bill Gross, in his first public appearance since his shocking departure from Pimco, said there will be more flexibility in managing less money at Janus Capital Group Inc, but said he was disappointed over being forced to leave Pimco. Gross told Weil during the 30- minute webcast: "I think in terms of Janus Capital, like any successful marriage, we sort of...

  • NEW YORK, Oct 9- Bill Gross, in his first conference call and webcast since his shock departure from Pimco, told existing and potential clients on Thursday that there will be more flexibility in running less money at Janus Capital Group Inc.. "I think in terms of Janus Capital, like any successful marriage, we sort of chose each other," Gross said to Janus Chief...

  • Bill Gross' first Janus investor letter  Thursday, 9 Oct 2014 | 11:48 AM ET

    CNBC's Dominic Chu provides the highlights from Bill Gross' first investor letter as a member of Janus Capital.

  • Gross: The global economy is slowing down Thursday, 9 Oct 2014 | 11:10 AM ET
    Bill Gross

    Bill Gross said global economic growth is declining, causing central banks to take an aggressive stance unlikely to change soon.

  • Wednesday's midday movers: Sears, GoPro & more Wednesday, 8 Oct 2014 | 12:38 PM ET
    Traders work on the floor of the New York Stock Exchange, Oct. 2, 2014.

    Take a look at some of Wednesday's midday movers:

  • BOSTON/ NEW YORK, Oct 7- Before hiring star bond fund manager Bill Gross last month, Janus Capital Group Inc Chief Executive Dick Weil took care to check with the bond chief he already had, Gibson Smith. The two will operate two distinct business units, with Gross operating out of a Newport Beach, California office, which Smith called " Janus West." Smith works from Janus...

  • JANUS BOND CHIEF GIBSON SMITH SAYS HE WAS CONSULTED BY CEO WEIL BEFORE HIRING OF PIMCO'S BILL GROSS.

  • UPDATE 1-Pimco's outflow headaches only just beginning Tuesday, 7 Oct 2014 | 12:31 PM ET

    Pimco hasn't said how much money has been withdrawn since fund manager Bill Gross quit on Sept. 26 to join Janus Capital. Outflows "will tend to be elevated over the next few months" said Jeff Tjornehoj, head of Americas research at Lipper, a Thomson Reuters company, who said Gross's exit is "the last straw" for some institutional investors. Morgan Stanley said that the...

  • Bill Gross wants to 'whip the pants' off Pimco Tuesday, 7 Oct 2014 | 9:18 AM ET
    Bill Gross

    With the obligatory post-departure diplomacy behind him, Gross is ready to take down his former employer and anyone else who gets in his way.

  • Pimco hasn't said how much money has been withdrawn since fund manager Bill Gross quit on Sept. 26 to join Janus Capital. Outflows "will tend to be elevated over the next few months" said Jeff Tjornehoj, head of Americas research at Lipper, a Thomson Reuters company, who said Gross's exit is "the last straw" for some institutional investors. Morgan Stanley said that the...

  • Bill Gross says happy to get back to investment roots Saturday, 4 Oct 2014 | 6:45 PM ET
    Bill Gross

    "Managing money is in my blood," Bill Gross, who is the co-founder of Pacific Investment Management Co., told Barron's this weekend.

  • Oct 4- Bill Gross, in his first interview since quitting asset manager Pimco, told Barron's magazine he was "uniquely exuberant" about giving up management responsibilities and was excited to get back to his investment roots. "Managing money is in my blood," Gross, who is the co-founder of Pacific Investment Management Co., told Barron's this weekend.

  • BOSTON/ NEW YORK, Oct 3- Investors hope the Bond King can remake himself as a team player. Bill Gross last week abruptly left Newport Beach, California- based Pimco, the firm he built into a bond giant, to join Janus Capital Group, a small Denver firm that touts on its website how its friendly, team-oriented culture creates "strong collaborators." Kevin Mahn, who helps...

  • Oct 3- Bond star Bill Gross will commence his new gig at Janus Capital Group Inc with modest needs- a trader and someone to deal with clients- as he takes over a tiny fund with the hopes of making a big splash. "It's unlikely that Janus will ever match that level of support, raising the question of how successful Gross can be with fewer resources," Morningstar Inc analyst...

  • Oct 3- Bond star Bill Gross so far has requested only one trader for his new gig at Janus Capital Group Inc, according to a report from mutual fund research firm Morningstar Inc.. Gross last week rattled global bond markets with his surprise departure from Pacific Investment Management Co, where he ran the massive $222 billion Pimco Total Return Fund.