Description: Bill Gross, co-founder and chief investment officer of Pimco, will join Janus Capital Group. Gross, who has presided over the world’s biggest bond fund for almost three decades, will start Sept. 29 at a new Janus office in Newport Beach, CA, and will begin managing the Janus Global Unconstrained Bond Fund on Oct. 6, according to a statement from Janus. (Source: Bloomberg)
Source: Bloomberg.com – video report
Date: Sep 26, 2014
Questions for Discussions:
- What does the report say about Bill Gross, his management style, and why he left Pimco?
- How have investors responded to his decision to leave Pimco?