Coverage of bond king Bill Gross's departure from his former firm PIMCO has been "a little harsh," he said in an exclusive interview on Monday.
"The transition that's taken place, I view as a rather natural one," he said. "Most people don't get a chance to start over again at seventy years old. ... Janus gave me the opportunity."
He added that "nothing's changed. I'm still obsessively competitive."
Gross's former Pimco Total Return Fund posted its 19th straight month of outflows in November, totaling $9.5 billion, but withdrawals were down dramatically since Gross' sudden exit.
Dan Ivascyn, who replaced Gross, said that net cash outflows from various funds have tapered off significantly, and performance has improved since Gross' departure in late September.