Billionaire investor George Soros has yanked his roughly $500 million investment with "bond king" Bill Gross, the WSJ reports.» Read More
Amazon.com, Caterpillar, McDonald's and GM are among the 50 odd companies reporting Thursday, making it the busiest day of the earnings season.
NEW YORK, July 2- Investors pulled $3 billion in assets from Pacific Investment Management Co's flagship fund in June, compared with $2.7 billion the previous month, in another sign Pimco is stabilizing since last fall's departure of star manager Bill Gross. The Pimco Total Return Fund had cash withdrawals of $5.6 billion in April and $7.3 billion in March,...
Asian stocks outside the mainland advanced on Thursday, but lingering uncertainty over Greece's debt situation capped gains.
Australian investment manager Challenger said it sold its 25% stake in global fixed income fund manager Kapstream to Janus for $34.36 million.
NEW YORK, July 1- Star bond fund manager Bill Gross will be getting help running his struggling Janus Capital Group Inc mutual fund from Kapstream Capital Pty Ltd's Kumar Palghat, Janus said on Wednesday after acquiring a majority stake in Kapstream. Gross, who began managing the Janus Global Unconstrained Bond Fund in October, will continue to be primary...
Janus Capital acquired a majority interest in Kapstream Capital and said Kapstream's Palghat will support Bill Gross as co-portfolio manager of the Janus Global Unconstrained Bond strategy.
Bill Gross thinks conditions are ripe for a liquidity crisis, and he points a finger at his old firm for its potential to be at the center of the storm.
June 29- Bill Gross of Janus Capital Group Inc tweeted on Monday that reparations and austerity for Greece will be costly for the European Union. Reparations and austerity for Greece will cost the EU big-time, "he wrote. In a later tweet, Gross said: " Greece's $400- 500 billion in debt is significant, but so is Puerto Rico's $70 billion because it's owed to the private...
NEW YORK, June 23- Janus Capital Group said on Tuesday it launched a total return fund that invests across global stock and bond markets, the first product it has rolled out that draws on research from Nobel Prize winner Myron Scholes since the firm hired him last year. Ashwin Alankar, Janus' global head of asset allocation and risk management, and Enrique Chang, the...
NEW YORK, June 10- Bill Gross of Janus Capital Group Inc said on CNBC Wednesday that he recently began investing in Mexican government debt securities. "The best idea, and it hasn't worked yet, but it's only been under way for about a week or two, is in Mexico," Gross said. "Mexico has 7 percent nominal interest rates.
NEW YORK, June 10- Bill Gross of Janus Capital Group Inc said on CNBC Wednesday that his "best idea" is Mexican government debt securities.
The surge in bond yields was puzzling, given muted economic growth, says Greg Davis at Vanguard, which just took the bond-fund crown from Pimco.
Mutual fund giants aren't just interested in publicly traded companies. Increasingly, they also want to own a piece of red-hot start-ups.
The Pimco Total Return Fund, launched by Bill Gross, has lost its title as the world's biggest bond mutual fund, following two years of withdrawals.
The U.S. economy will have "problems" reaching goals outlined by the Fed's policy committee, bond guru Bill Gross said.
The bond fund managed by Bill Gross saw inflows of $100 million in the most recent quarter, Janus Capital Group CEO Dick Weil tells CNBC.
Five years after launching, Jeff Gundlach and DoubleLine Capital are on top of the bond investing world.
The stronger dollar is a net-positive for the U.S. economy and the stock market, former Pimco managing director Paul McCulley tells CNBC.
Two analysts told CNBC that they saw no traces of a stock bubble and even said that the market is undervalued at the moment.
Janus Capital's Bill Gross on Monday said the Nasdaq hitting 5,000 represents "a little bit of a bubble."