Central banks are stuck in a permanent cycle of low interest rates and money printing that bond guru Bill Gross says eventually will blow up.
Pimco Total Return Fund, once the world’s largest mutual fund under former manager Bill Gross, is within about $1bn of being overtaken as the biggest actively run bond fund.
Pimco co-founder Bill Gross won access to some of the firm’s internal records he says will show he was forced to resign two years ago so his former colleagues could divvy up his $200m bonus among themselves.
After the Federal Reserve decided to leave interest rates unchanged, bond guru Bill Gross told CNBC he was choked with emotion.
Pimco escalated its legal battle with estranged co-founder Bill Gross by saying he leaked confidential pay information to the media and may have destroyed documents in violation of court rules.
Pimco co-founder Bill Gross says his former firm has grown so unreasonable after a falling out over an unpaid bonus that it’s trying to force his attorneys to defy the realities of global travel.
Bill Gross is running his $1.5bn Janus Global Unconstrained Bond Fund by himself - again.
The investing guru's massive success will be difficult, if not impossible, for newcomers to repeat, he says.
Billionaire fund manage Bill Gross claims he has suffered damages in excess of $200 million from Pimco, his former employer.
It's not easy leaving an empire and trying to build another one, but Janus Capital Lead Portfolio Manager Bill Gross said it's something he had to do.
Premier League powerhouses Spurs were thumped by a Marcel Sabitzer inspired RB Leipzig in the Champions League this week.
Premier League rivals Arsenal and Spurs reportedly want to sign Napoli's Serie A centre-forward Arkadiusz Milik.
Rangers take on Bayer Leverkusen in the Europa League tonight.
Atletico Madrid's defence did enough to knock Liverpool out of the Champions League on Wednesday night.
Hugo Lloris had an evening to forget as Tottenham Hotspur were knocked out of the Champions League on Tuesday night.
Arsenal supporters were very impressed with the performance that Dayot Upamecano produced in the Champions League last night.
The former Liverpool boss knows a thing or two about famous European nights at Anfield.
Willian has been linked with a host of clubs, including Tottenham Hotspur.
Arsenal are reportedly looking at winger George Lewis.
Tottenham Hotspur midfielder Dele Alli spoke well after his side were beaten in the Champions League last night.
But Janus Henderson CEO Richard Weil also tells CNBC that Gross is "still one of the greatest investors of our lifetime. So, he's just got to work it through."
Bill Gross hasn't changed his investing outlook since his bond fund took a beating recently. Investors just need to be patient, he says.
Janus Henderson Investors Global Unconstrained Bond Fund plunged by nearly 3 percent on Tuesday.