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  • 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...

  • LONDON, Oct 2- Bill Gross' exit from Pimco has seen billions of dollars leave the fund group and even more value wiped off the share price of its parent company, offering a warning both to firms who rely on star managers and the investors who chase them. Gross's flagship Pimco Total Return Fund lost money every month from May last year, totalling nearly $70 billion by...

  • 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 "...

  • NEW YORK/ BOSTON Sept. 30- Vanguard Group and BlackRock Inc could be prime destinations for hundreds of billions of dollars in assets that may flee Pimco in the wake of the sudden exit of Bill Gross, the celebrated "Bond King" of U.S. mutual funds.

  • Sept 30- Bill Gross's sudden departure from Pimco and the Total Return Fund he ran for 27 years was the last straw for Jim Phillips, president of Retirement Resources, a Peabody, Massachusetts- based firm that advises 401 plans with $50 million to $100 million in assets.

  • Bill Gross, who built Pimco into a $2 trillion asset manager and became one of the world's best-known bond investors, quit the firm he co-founded on Friday after his flagship fund suffered its 16th straight month of outflows and amid a Securities and Exchange Commission probe into whether one of his funds artificially inflated returns.

  • Sept 26- Michigan officials on Friday signed off on four bond issues totaling $1.1 billion that would fund Detroit's exit from the biggest-ever municipal bankruptcy.

  • Bill Gross, who built Pimco into a $2 trillion asset manager and became one of the world's best-known bond investors, quit the firm he co-founded on Friday after his flagship fund suffered its 16th straight month of outflows and amid a Securities and Exchange Commission probe into whether one of his funds artificially inflated returns.

  • VANCOUVER, Sept 25- The price of gold, down more than a third in three years, is approaching the tipping point where the mining industry would see a spike in the number of producers reducing output or even shutting down operations. The industry has geared itself around $1,200, "said Joseph Foster, portfolio manager at institutional investor Van Eck Global.

  • BOSTON, Sept 24- Harvard University on Wednesday named an insider, Stephen Blyth, to run its $36.4 billion endowment, the world's largest. The financial services industry veteran holds a statistics PhD from Harvard, and has taught the subject there.

  • Yale endowment posts 20 pct return, besting rival Harvard Wednesday, 24 Sep 2014 | 11:06 AM ET

    BOSTON, Sept 24- Yale University's endowment posted a 20.2 percent return in the 2014 fiscal year, the school said on Wednesday, besting Ivy League rivals such as Harvard and Dartmouth. Harvard University's endowment, the largest school endowment in the world at over $34 billion, announced on Tuesday an investment return of 15.4 percent.

  • LONDON, Sept 24- The order book for the Netherlands' new five-year bond closed at 13.7 billion euros on Wednesday, the Dutch State Treasury said. Real money accounts such as asset and fund managers as well as pension funds accounted for 35 percent of the orders, it said in a statement.

  • *UniCredit, Santander to hold around one third each of new entity. MILAN, Sept 23- Italian bank UniCredit SpA and Spain's Santander SA are in talks to merge their fund management businesses and create a European powerhouse overseeing some 350 billion euros of assets.

  • TOKYO, Sept 22- Japanese government bond prices ended higher on Monday as some dealers covered their short positions after a fall in yields on German Bunds and U.S. Some domestic institutional investors bought long-term and super-long JGBs sporadically as they rolled over funds from a large number of JGBs that have just matured.

  • NEW YORK, Sept 19- The California State Teachers' Retirement System pension fund plans to nearly triple its investments in clean energy and technology to $3.7 billion over the next five years in a push toward low-carbon investments, the fund said on Friday.

  • Sept 18- Major institutional investors such as BlackRock will likely receive the bulk of roughly $22 billion worth of Alibaba Group Holdings shares being sold in an initial public offering set to price later on Thursday, people familiar with the situation said.

  • Sept 18- Big institutional investors like Blackrock will likely get the bulk of roughly $22 billion worth of Alibaba Group Holdings shares being sold in an initial public offering set to price later on Thursday, people familiar with the situation said.

  • Sept 17- The California Public Employees' Retirement System said Ted Eliopoulos would assume the role of chief investment officer at America's largest public pension fund. The $300 billion fund, known as Calpers, invests with firms including Och-Ziff Capital Management, Deepak Narula's Metacapital Management and Bain Capital's Brookside Capital.

  • CalPERS names Ted Eliopoulos chief investment officer Wednesday, 17 Sep 2014 | 9:02 PM ET

    Sept 17- The California Public Employees' Retirement System said Ted Eliopoulos would assume the role of chief investment officer at the nation's largest public pension fund. The $300 billion fund, known as CalPERS, invests with firms including Och-Ziff Capital Management, Deepak Narula's Metacapital Management and Bain Capital's Brookside Capital.