Pimco Bill Gross Janus Capital

PIMCO Selling SWAP Insurance in Chinese Markets

2014 has been the year in which the derivatives strategy of the cat loving, sun-glass touting Bill Gross has been revealed to new degrees. And the hits just keep on coming as the PIMCO’s total return fund’s exposure to Chinese SWAP derivatives, cousins of the derivatives that imploded in 2008, is revealed.

At the end of the first quarter, PIMCO’s flagship Total Return Fund, assumed as a relatively “conservative” bond fund in search of yield, has nearly $3 billion in insurance derivatives it sold on . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible

Saved Articles

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up for ValueWalkPremium today and get our exclusive content for 35% off.

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 11/30/2019 or after next 25 12 subscribers take advantage whichever comes first – please do not share this discount with others