Bill Gross

September Surprise: Bill Gross Leaving Pimco

Trends in Asset Management, Trends in Human Resources, U.S. Economy /

The financial world woke up to a surprise this morning: Bill Gross, co-founder of asset manager Pimco, announced he was leaving the firm to join Janus Capital Group, a mutual fund company better known for its equity products than the fixed income strategies Gross is well known for. While the move itself is surprising, tensions […]

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Bill Gross Not the First to Predict the Death of Equity Markets

Trends in Asset Management /

In what felt like a warning shot across the bow of Wall Street, Bill Gross began his August Investment Outlook by writing: “The cult of equity is dying.” Going a step further, Gross, who oversees the management of more than $1.8 trillion of securities, went on to compare the stock market to a Ponzi scheme a few lines

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