Bill Gross aims to prove he can still beat the market

Bill Gross Interview Pic

Bill Gross, the money manager who jumped to Janus Capital in September from the bond giant he co-founded, said he’ll keep trading for the next two to four years to prove he can still beat the market.

'I wanted to show clients and the world, to the extent that they’re interested, that I can continue to produce a track record like I did at Pimco', Gross said in a Bloomberg Television interview with Trish Regan.

'I won’t have as much time, I won’t have five to 10 to 15 years leeway like I had at Pimco to do that, but certainly for the next two, three, four years. I’m a very competitive person and I like to post numbers that are better than the market and better than the competition'.

Bloomberg News reports that Gross, 70, became a billionaire and earned his reputation as the mutual fund industry’s bond king by building Pimco into a $2 trillion money manager, at its peak, with some of the highest returns in the business. 

To access the complete Bloomberg News article hit the link below:

Gross Says He’s Got Up to Four Years to Re-Establish Mark

Fannie, Freddie Overseer Sets Rules for Sales of Delinquent Debt

JefferiesAnd the Best Place to Work in the global financial markets 2016 is...

Register for Financial Markets News Alerts