Bill Gross Leaves PIMCO And Joins Janus Capital – ValueWalk Premium
Pimco Bill Gross Janus Capital

Bill Gross Leaves PIMCO And Joins Janus Capital

PIMCO founder and longtime CIO Bill Gross has left the company to manage the Janus Global Unconstrained Bond Fund, starting on Monday according to a press release, posted in its entirety below. Since Gross is still listed as CIO and managing director as of this writing, the decision may have caught PIMCO by surprise as well.

This surprise announcement follows a year of heavy redemptions from PIMCO as investors question whether the bond market has much of a future with rates as low as they are, the sudden and dramatic departure of former PIMCO CEO and co-CIO

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

The top investors are reading ValuewalkPremium.

Click here to learn why

0