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.
Discussing Pimco's future in equities and if investors will leave for Janus, with Tim Maurer, BAM Alliance, and Ric Edelman, Edelman Financial Services.
CNBC's Brian Sullivan asks Pimco CEO Doug Hodge about the future of the equities business at Pimco. Hodge says growing active equities is an important part of the way forward.
CNBC's Brian Sullivan speaks to new Pimco CIO Daniel Ivascyn about Pimco's recent performance, his investment style and how it will differ from Bill Gross' investment philosophy.
Is it a good thing or bad that Bill Gross is gone? CNBC Contributor Bethany McLean, weighs in on whether Bill Gross became too much of a polarizing force at Pimco.
Discussing stability at Pimco and the direction of its Total Return ETF now that outflows total about $546 million, with Russ Kinnel, Morningstar.
CNBC's Brian Sullivan speaks to Pimco CEO Doug Hodge about the future of managing director Paul McCulley at Pimco.
Pimco CEO Doug Hodge speaks to clients and investors as to why Pimco is still the place for their money. Hodge also discusses the current stability at the organization.
CNBC's Brian Sullivan speaks to Pimco CEO Doug Hodge, about the departure of Bill Gross and how the firm plans to stop outflows. Hodge says prior to the departure of Gross, 75 percent of assets were managed outside his control.
Dissecting Bill Gross' leadership style and departure from Pimco, with Tracy Alloway, Financial Times, and Jeff Sonnenfeld.