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.» Read More
Nov 5- Charles Schwab Corp. has dropped the Pimco Total Return Fund from its Schwab Managed Portfolios mutual fund platform, a spokeswoman said Wednesday, citing organizational changes at Pacific Investment Management Company as the catalyst for the change. Charles Schwab Investment Advisory, the division that manages the Managed Portfolios platform,...
Pimco saw a record $27.5 billion in withdrawals from Pimco Total Return Fund in October, extending large net outflows following Bill Gross' departure.
NEW YORK, Nov 4- Pacific Investment Management Co suffered a record $27.5 billion in withdrawals from its flagship Pimco Total Return Fund in October, extending large net outflows following Bill Gross' surprise resignation from the firm. The redemptions surpassed the $23.5 billion reported in September, according to a statement on Tuesday from Newport Beach,...
NEW YORK, Nov 3- Jeffrey Gundlach's DoubleLine Funds, an investment firm that has been a major rival of bond fund giant Pimco, reported its ninth consecutive month of inflows in October, totaling $2.38 billion, a record for monthly inflows so far this year. DoubleLine Capital, based in Los Angeles, said on Monday its flagship DoubleLine Total Return Bond Fund ended...
NEW YORK, Nov 3- Famed bond investor Bill Gross on Monday warned that deflation remained a growing possibility despite aggressive monetary policies by central banks around the world. Gross, who oversees the Janus Global Unconstrained Bond Fund, said Alibaba Group Holding Ltd shares had soared from $68 to $92 in the first minute of their public debut, but other...
Asked if he'd want his old job back, Mohamed El-Erian tells CNBC: "No, I'm really happy with my life."
Bill Gross's new employer saw a 7 percent increase in short interest in the past month, according to new data.
Russell Investments and the Fort Lauderdale Police & Fire Retirement System dropped PIMCO as their bond portfolios manager following the exit of Bill Gross.
Goldman Sachs is in discussions to acquire IndexIQ, an exchange-traded fund provider, according to three sources familiar with the situation.
The Arkansas Teacher Retirement System says it has cut ties with Pimco as the fallout continues since Bill Gross' abrupt departure last month.
Market internals have deteriorated dramatically, which may indicate its time for a bounce.
Take a look at some of Wednesday's midday movers:
With the obligatory post-departure diplomacy behind him, Gross is ready to take down his former employer and anyone else who gets in his way.
"Managing money is in my blood," Bill Gross, who is the co-founder of Pacific Investment Management Co., told Barron's this weekend.
Morningstar downgraded Pimco's Total Return fund on uncertainty regarding outflows and management following the departure of Bill Gross.
With all the buzz around bond indexes, the next big thing for mutual fund investors may be strategies that are the exact opposite.
Bonds gained as civil unrest in Hong Kong weighed on stocks and the yield curve flattened as investors bet that econ data would continue to improve.
After the spectacular blowup and exit at Pimco, a lot of people say Bill Gross is crazy. He's many things—but crazy he is not, says Ron Insana.
Officials from Pimco and Allianz looked to downplay the loss of Gross, who founded the firm 43 years ago.
In a wide-ranging conversation, Bogle held forth on the Federal Reserve, hedge funds, and how individuals can "own their age."