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 […]
