Pimco has stepped up a war of words with its ex-CIO Bill Gross, saying he could have been fired for abusing colleagues, the Financial Times reports. » Read More
Australia took a double-whammy from record-low interest rates and commodity-price drops, but the selloff has left its market attractive to yield chasers.
Government bond yields in the U.S., Europe and Japan are plumbing lows, suggesting a flight to safety, but analysts aren't ready to hit the panic button.
Scott Mather, PIMCO CIO, says his firm will move very slow on interest rates.
Bond guru Jeffrey Gundlach said he expects the Fed to raise rates in 2015, but not on the strength of economic fundamentals.
CNBC's Sara Eisen speaks to DoubleLine Capital CEO Jeffrey Gundlach, about the impact Bill Gross' departure from Pimco had on his business. Eisen reports DoubleLine has seen $2.6 billion of inflows in October.
Former CEO Mohamed El-Erian received a bonus of $230 million and co-founder and former CIO Bill Gross walked away with $290 million. John Martini, Reed Smith LLC Partner, and "Shark Tank" investor Kevin O'Leary provide perspective into the board's approval.
Pimco can withstand additional outflows of up to $350 billion over the next two years before it is impaired, Morningstar says.
German insurer Allianz raised its dividend and promised to keep the cash flowing after unveiling a forecast-beating jump in net profit.
The collapse of mortgage-backed securities drove the financial crisis, but many fund managers are snapping up the precrisis offerings.
Add a new concern to the stable of high-yield bond risks: ownership of some companies' issuance has become concentrated with just a few fund managers.
"Asset-backed securities" have been beneficiaries of quantitative easing by the US Fed, which is due to end this week. The Financial Times reports.
Scott Minerd of Guggenheim Partners, has seen an acceleration of flows in the past few months, but it is not known whether they're coming from Pimco or somewhere else. Minerd provides perspective on interest rates and the bond market.
Russell Investments and the Fort Lauderdale Police & Fire Retirement System dropped PIMCO as their bond portfolios manager following the exit of Bill Gross.
High-yield bonds offer compelling valuations and better fundamentals following the selloff since mid-year, Pimco said in a note Thursday.
Gross’s unusual behavior have been well documented, but what is as remarkable is how Pimco came to believe Gross was a liability. The FT reports.
"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.
Greg Zuckerman, Wall Street Journal special writer, shares his thoughts on the future of Pimco now that Bill Gross has left.
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.
CNBC's Rick Santelli weighs in on the impact Bill Gross had on Pimco and looks forward to future performance of the institution.