GO
Loading...

Bill Gross

More

  • SINGAPORE, Sept 29- Gold extended losses to a second session on Monday, dropping towards a nine-month low, as robust U.S. economic data and a stronger dollar curbed demand for the safe-haven metal. *Spot gold slipped 0.1 percent to $1,217.57 an ounce by 0032 GMT, after dropping 0.3 percent in the previous session.

  • Sept 28- Pimco CEO Doug Hodge said on Sunday that Pimco is moving away from a founder-led model and that the Newport Beach, California- based firm's flagship fund previously run by co-founder Bill Gross "does not define Pimco."

  • Rene Nourse, Principal & Managing Director of Urban Wealth Management, discusses Bill Gross' abrupt departure from Pimco and how that could impact bond markets.

  • Sept 28- Pimco is ready to move forward from a "founder-led" model in the wake of the abrupt exit of Bill Gross from the fund management company, CEO Doug Hodge said Sunday in a phone interview. Hodge said the $222 billion Total Return Fund, run by Pimco co-founder Gross, "does not define" the company.

  • PIMCO CEO DOUG HODGE SAYS BILL GROSS' TOTAL RETURN FUND' DOES NOT DEFINE PIMCO'.

  • NEW YORK, Sept 27- For Bill Gross, quitting Pimco's $222 billion Total Return Fund to take over a $13 million fund at Janus Capital is like resigning the U.S. presidency to become city manager of Ashtabula, Ohio, population 18,800..

  • Gross exit ripples through bond market Friday, 26 Sep 2014 | 6:56 PM ET
    Bill Gross

    The sudden exit of Bill Gross from Pimco sparked a knee-jerk selloff in the Treasury market, a drop in Pimco closed-end funds and rallies in competitors' shares.

  • Gross met with Gundlach about joining DoubleLine Friday, 26 Sep 2014 | 6:49 PM ET
    Jeffrey Gundlach, founder and chief executive officer of Doubleline Capital LP and Bill Gross of PIMCO.

    Bond guru Bill Gross is joining Janus Capital Group, effective Sept. 29, the company announced Friday.

  • NEW YORK, Sept 26- Bill Gross' abrupt departure from Pimco, the giant bond firm that he co-founded more than four decades ago, was preceded by months of clashes between the star investor and the firm's executive committee that got progressively worse, according to sources familiar with the situation.

  • *Gross exits Pimco, joins Janus Capital; bond prices fall. News that Gross, a Pimco co-founder who managed the $222 billion Pimco Total Return Fund, will be joining Janus Capital Group pressured short- and intermediate-dated U.S. Shares of Janus Capital ended up 43 percent at $15.89, the stock's best one-day advance in its history.

  • *Pimco CIO Bill Gross joins Janus Capital. Treasuries prices dipped Friday on news that Pimco Chief Investment Officer Bill Gross is joining rival Janus Capital Group, which spurred concerns Pimco may have to sell Treasuries if investor redemptions at the firm increase.

  • A year of changes at Pimco     Friday, 26 Sep 2014 | 4:21 PM ET

    Following Bill Gross' decision to leave Pimco for Janus Capital, CNBC's Jane Wells takes a look at this year's leadership changes at the firm.

  • NEW YORK, Sept 26- Bill Gross' abrupt departure from Pimco, the giant bond firm that he co-founded more than four decades ago, was preceded by months of clashes between the star investor and the firm's executive committee that got progressively worse, according to sources familiar with the situation.

  • Future of fixed income     Friday, 26 Sep 2014 | 3:43 PM ET

    Joseph Sullivan, Legg Mason CEO, discusses how Bill Gross' departure from Pimco impacts the bond market.

  • Allianz leadership challenged as Pimco's Gross exits Friday, 26 Sep 2014 | 3:42 PM ET

    *Allianz shareholders call for stable leadership. *Contract of Allianz CEO, others up for renewal. FRANKFURT, Sept 26- German insurer Allianz suffered a humiliating blow on Friday with the resignation of renowned investor Bill Gross as leader of Pimco, the asset manager Allianz relies on for one fourth of its operating profit.

  • Bond world bombshell -- now what?     Friday, 26 Sep 2014 | 3:42 PM ET

    Pimco co-founder Bill Gross is leaving the firm for rival Janus Capital. CNBC's Sharon Epperson reports how this may impact individual investors.

  • NEW YORK, Sept 26- Bill Gross, the bond market's most renowned investor, quit Pimco for distant rival Janus Capital Group Inc on Friday, the day before he was expected to be fired from the huge investment firm he co-founded more than 40 years ago.

  • Retail investors should rethink Pimco: Trader Friday, 26 Sep 2014 | 3:32 PM ET

    Two traders differed on whether retail investors should exit Pimco after the sudden departure of bond guru Bill Gross.

  • BOSTON/ NEW YORK, Sept 26- Janus Capital Group shares surged 38 percent on Friday as investors bet that famed bond manager Bill Gross will bring his old star power to the small mutual fund company, even though his last months at Pimco were tainted by infighting and heavy investor outflows.

  • NEW YORK, Sept 26- Bill Gross's departure from investment firm Pimco could lead investors to pull hundreds of billions of dollars in assets from its parent company and invest them with Janus Capital Group, the rival firm that Gross is joining, a Morningstar analyst said Friday.