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Bill Gross' New Fund Sees November Inflows At $770 Million
Monday, December 8, 2014 - 1:05pm | 173Read More...Morningstar reported Monday that "investors poured $770 million into Bill Gross's new mutual fund at Janus Capital Group Inc. (NYSE: JNS) in November, pushing the fund past $1 billion of assets under management," according to Dow Jones. The news follows a report from November that...
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Here's The Real Reason Behind Bill Gross' Departure From PIMCO
Wednesday, December 3, 2014 - 12:46pm | 360Read More...The dust is finally settling on what led to bond investor Bill Gross’ departure from the firm that he founded, Pacific Investment Management Co, better known as PIMCO. His September departure led to minor mayhem in the bond markets. Moreover, in the next three months PIMCO witnessed...
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Bill Gross Says He's Managing Money For George Soros
Thursday, November 20, 2014 - 5:03pm | 181Read More...Bill Gross tweeted that he is now managing assets for George Soros at Janus Capital Group Inc (NYSE: JNS). The news comes approximately two months after Gross left PIMCO. Gross tweeted the following Thursday: Gross: (1/2) We are honored to be managing a new unconstrained strategic account for...
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Ford Drops Pimco - Who's Next?
Wednesday, October 22, 2014 - 7:28am | 247Read More...Reuters reported Tuesday that Ford Motor Company (NYSE: F) is dropping the Pimco Total Return Fund from its 401k plan. According to the report, Ford explained that “This decision was made after the recent resignation of Bill Gross, Pimco's chief investment officer and portfolio...
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Bill Gross's 'Goodbye Letter' To PIMCO: She's Your Baby Now, Try Not To Screw It Up
Wednesday, October 8, 2014 - 11:55am | 407Read More...Editor's Note: The following excerpts are from Barry Ritholtz' column on Bloomberg View. Bill Gross, the former chief investment officer of PIMCO, may have surprised some when he resigned from the company he founded nearly four decades ago to accept a position at Janus Capital....
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Barron's Recap: What's Next For Fidelity?
Sunday, October 5, 2014 - 6:30pm | 897Read More...This weekend in Barron's online: the future of Fidelity, an exclusive interview with Bond King Bill Gross and the Barron's Mutual Fund Quarterly, as well as the prospects for Kroger, Micron Technology, Littelfuse and more. Cover Story "Fidelity's Bright Stars" by Leslie...
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What Does Bill Gross' Arrival Mean For Janus Capital Group Inc Shares?
Monday, September 29, 2014 - 1:55pm | 363Read More...Shares of Janus Capital Group Inc (NYSE: JNS) rocketed 43 percent Friday in enormous trading volume on news that “Bond King” Bill Gross would join Janus to manage the Global Unconstrained Bond fund. Gross co-founded Pacific Investment Management, or PIMCO, in 1971. In addition to...
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The Bill Gross-PIMCO Saga: What The Blogosphere Thinks
Monday, September 29, 2014 - 11:37am | 531Read More...Bond guru Bill Gross left PIMCO last Friday and began working at Janus Capital Group Inc (NYSE: JNS) this Monday. As a result, billions of dollars have changed hands in the investment management industry, and more movement could be on the horizon as Gross's Total Return Fund transitions to...
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Total Return, Cars And Consumer Staples ETFs To Watch This Week
Monday, September 29, 2014 - 10:14am | 482Read More...Last week the markets were spooked by the continued rise in the U.S. dollar index and seasonal unrest. The week ahead features the release of construction, industrial manufacturing and employment data that could create an exciting end of the third quarter. Here are the key ETFs to watch for...
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What PIMCO Looks Like After Bill Gross
Sunday, September 28, 2014 - 11:47pm | 696Read More...Sunday nights aren't usually associated with major financial news, which makes it all the more curious why Pacific Investment Management Company (PIMCO) released a major update a few hours before midnight on September 28. Then again, PIMCO didn't exactly have a typical week, either....
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Sanford Bernstein: Allianz Missed The Boat With Its Pimco Unit
Saturday, September 27, 2014 - 11:12am | 276Read More...Allianz SE (OTC: AZSEY), the German-based financial services company, may have missed the boat with the departure of William Gross from its U.S. assent management unit Pimco. Gross quit his post as chief investment officer for Pimco Friday amid reports the 70-year-old celebrity asset manager...
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Stocks Record Weakest Week In Month Despite Friday Rally
Friday, September 26, 2014 - 4:36pm | 675Read More...Stocks recorded the most losses in a month this past week. The S&P 500 gave up 1.4 percent, the Dow Jones Industrial average dropped 1 percent and the Nasdaq fell 1.6 percent. Daily Change The Dow Jones Industrial Average rose 167.4 points, or 0.99 percent, to close at 17,113. The S...
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Did Pimco Bail On Bill Gross's 'New Neutral' Strategy?
Friday, September 26, 2014 - 4:17pm | 923Read More...The financial markets were thrown for a loop Friday morning when Bill Gross announced his resignation from Pimco Funds to join Janus. Furious Rally In Janus And Drubbing Of Pimco Funds The impact in the markets was fast and furious as Janus Capital Group (NYSE: JNS) exploded to a five-year...
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Janus Capital Group Inc Grabs Bill Gross: What Do The Experts Think?
Friday, September 26, 2014 - 12:28pm | 961Read More...Janus Capital Group Inc (NYSE: JNS) is one of Friday's big stock market winners after Bill Gross, founder of PIMCO and its most noteworthy executive for four decades, announced he is heading to work for the Denver-based firm. In a note to clients, Janus Chief Executive Officer Richard Weil...
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Bill Gross Jumps Ship At Pimco Amid SEC Probe, Moves To Janus Capital Group Inc
Friday, September 26, 2014 - 11:12am | 225Read More...Janus Capital Group Inc (NYSE: JNS) gained more than 30 percent early Friday on news that Bill Gross will join the firm as an investment manager, Gross, 70, abruptly quit his post Friday as chief investment officer of bond-trading giant Pimco, shortly after news broke of that the Securities and...












