William Hunt 'Bill' Gross

Bill Gross is the founder and co-CIO of PIMCO, the world's largest mutual fund focusing mostly on bonds, other wise known as "the nation's most prominent bond investor" by the New York Times. He co-founded Pacific Investment Management (PIMCO) and currently manages PIMCO's Total Return fund (the world's largest bond fund) and several smaller ones. He is currently listed as #1 Worlds Most Powerful Financiers - Forbes.

The worst thing Bill Gross could do to Pimco is retire

After reading the Wall Street’s Journal’s page-one piece on life at Pimco under Bill Gross, Felix Salmon has decided that Gross has no choice but to retire and walk away from the bond-trading behemoth that he built. “Neither Gross nor Pimco will ever be seen the same way again, and indeed, if Gross cares at all about the long-term fortunes of the company he built, the best thing he can do right now is simply retire,” Salmon wrote on Reuters.

Source: qz.com | Date: 25th February 2014 Read more

PIMCO's Gross sees major challenges for 'total return' era

NEW YORK, April 3 (Reuters) - Bill Gross, manager of the world's largest bond fund, said on Wednesday that the Federal Reserve's aggressive monetary policies may have changed the landscape so greatly that investors like himself and Warren Buffett may face radically new challenges in trying to maintain their track records.

Source: uk.reuters.com | Date: 3rd April 2013 Read more