Money Managers

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  1. Articles

    Gross' last defiance stuns Pimco, Allianz

    Even the executives at Allianz SE didn't know.It was 2:28 p.m. in Munich on Friday, and Bill Gross, in charge of $2 trillion as chief investment officer at Pacific Investment Management Co., had just announced that he was joining Janus Capital Group Inc., a struggling stock fund manager. With

  2. Articles

    Pimco fortifies to take on the old boss

    Monday Breakfast with Benjamin:Gross, Ivascyn to square off. Plus: The outlook for Pimco outflows is bad and worse, global markets keeping an eye on Hong Kong civil unrest, a warning about fixed indexed annuities, buying ahead of ex-dividend dates, and running the numbers on Roth IRAs

  1. Articles

    Bill Gross' terrible, horrible, no good, very bad year

    The news that Bill Gross, co-founder of Pacific Investment Management Co., has decided to head to Janus Capital Group Inc. to manage fixed-income portfolios is the latest twist in a year full of headlines for the so-called "Bond King." From resignations to poor performance, Pimco and Mr. Gross have

  2. Articles

    Pimco's loss could be these fund companies' gain

    BlackRock and Legg Mason are among the firms poised to pounce on Pimco's outflows now that the face of the firm has flown the coop.

  3. Articles

    Advisers 'blindsided' by Gross departure as Pimco faces rebuilding

    Bond behemoth has opportunity to recast its image, but analysts and advisers predict significant outflows. Plus: Pimco's pitiful year. How bad will it get?

  4. Articles

    Pimco likely to pick Dan Ivascyn to succeed Gross

    Deputy chief investment officer has inside track to succeed 'Bond King' as CIO

  5. Articles

    Pimco's funds plunge following Bill Gross exit

    In the stock market, investors didn't wait around to assess the implications of Bill Gross's departure from Pacific Investment Management Co. -- they sold.Pimco's Global StocksPLUS & Income Fund slipped 9.2 percent to $22.80 at 10:40 a.m. in New York, while the firm's High Income Fund decreased 8.4

  6. Articles

    Financial Twitter explodes in response to Bill Gross' departure from Pimco

    Advisers and financial experts take to Twitter to respond to Bill Gross' shocking exit from Pimco and his decision to join Janus Capital Group Inc.

  7. Articles

    The secret Goldman Sachs tapes

    How one brave federal regulator got the goods on the New York Fed's hands-off policy toward Goldman.

  8. Articles

    Don't overlook the housing recovery

    Breakfast with Benjamin: Remember housing stocks? You should. Plus: How Pimco stepped in it, academics take on high-frequency trading, the bad math behind climate-change regs, and men are better retirement savers than women.

  9. Articles

    Yellen to the markets: Don't say you weren't warned

    Midweek Breakfast with Benjamin: Yellen warned us. Plus: SEC probes Pimco ETF over asset pricing, America's 401(k)s are failing investors, and how Obama's attack on corporate inversions flunks basic math.

  10. Articles

    SEC advisory panel recommends new approach to accredited investor label

    Group suggests gauging sophistication of individuals based on knowledge, or limiting the portion of a portfolio that can be invested in private placements.

  11. Articles

    Market risk is ignored by invincible investors

    Breakfast with Benjamin: A real risk thanks to the bull market: investors' sense of invincibility, plus El-Erian dishes on Pimco, second-guessing Calpers, and more.

  12. Articles

    Distinguishing financial planner from investment adviser

    Monday's Breakfast with Benjamin Distinguishing financial planner from investment adviser. Plus: Gold looks tarnished, the Russell 2000 heads into 'death cross' territory, buying stocks in a buyback cycle, bank stocks in a rising-rate market, and another tax penalty, courtesy of Obamacare

  13. Articles

    Is Calpers' move away from hedge funds a bellwether for advisers?

    If major institutions cannot justify hedge fund investing, where should advisers turn for alternative asset exposure?