Gross Leaves PIMCO for Janus, Will Investors Follow?

Posted on 09/26/2014

In a surprising move to bond investors, Bill Gross, the founder of bond giant Pacific Investment Management Company (PIMCO) has resigned – sending shockwaves to the fixed income world. Gross started PIMCO in 1971. Gross is moving over to Janus Capital, a rival of PIMCO. PIMCO is a subsidiary of Germany-based Allianz. PIMCO has been […]

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