Billionaire investor George Soros has yanked his roughly $500 million investment with "bond king" Bill Gross, the WSJ reports.» Read More
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.
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.
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."
Ultra-easy central bank policies are about to come back to bite the economy, Gross said in his latest letter to investors.
Bill Gross associate Paul McCulley is stepping down as Pimco's chief economist and managing director.
Investment guru Bill Gross projected that the Fed will raise rates this year, but that a cautious approach will ease the pain.
Some of Thursday's midday movers:
Denver asset manager Janus Capital Group said fourth-quarter profit rose 22 percent after hiring of star bond fund manager Bill Gross.
U.S. stock index futures signaled a higher open as all eyes were fixed on the ECB Mario Draghi, who is expected to announce a bond-buying program.
Value investor Mario Gabelli told CNBC he's buying stocks in these three financial institutions.