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Bill Gross irresistible to new partner Kapstream Capital's Palghat
A month after checking on his old Pimco colleague last September, the bond manager got an offer he couldn't refuse.
Janus acquires fund firm to give Bill Gross a co-manager
Janus Capital said that Kumar Palghat, who worked with Mr. Gross at Pimco for 10 years, will help run the Janus Global Unconstrained Bond Fund, with Mr. Gross staying on as lead manager. Janus also bought a majority stake in Mr. Palghat's firm, Kapstream Capital.
Crazy as it might sound, the new all-in bet is going long on Greek stocks
Breakfast with Benjamin: If you've got a really strong stomach, the time looks ripe to buy the fear and jump into Greek equities.
Blackstone and BlackRock are starting to cross over into each other's bread and butter
Steve Schwarzman and Larry Fink, once partners, now vie for Wall Street dominance atop their wildly successful firms.
Jeffrey Gundlach is riding out the Greek storm in Treasuries
Breakfast with Benjamin: Jeffrey Gundlach has been bracing for trouble in Greece and Puerto Rico by loading up on Treasuries and Ginnie Maes.
Bill Gross on co-founding Pimco: 'I just wanted to run money and be famous'
At Pimco, Bill Gross built a reputation as the world's best bond trader. Now, at Janus Capital, he's managing a much smaller fund — all while being measured against his younger self.
Greek capital controls send ripples across global financial markets
Breakfast with Benjamin: Greece locks down its banks in a desperate attempt to prevent a public panic.
Custodians' payments to RIAs for fund picks raise eyebrows
Registered investment advisers like to promote themselves as being on the side of investors, but a growing number are quietly accepting money from custodians in exchange for recommending certain mutual funds — usually funds that are more expensive for investors. The payment is made to advisers as a
What lies ahead for the market in the second half of the year
Six investment experts discuss where the markets could be headed for the rest of 2015
Pimco executives say they've adapted to life after Bill Gross
Douglas Hodge and Daniel Ivascyn highlight Pimco's new areas of focus while speaking at the Morningstar Investment Conference.
Oakmark's Bill Nygren: Investors penalize 'shareholder-unfriendly' CEOs too much
Top portfolio manager takes another perspective on an issue that BlackRock's Fink and other corporate critics have championed.
GMO's Grantham: Stocks near bubble, but there's nothing to pop it
Money manager says the market still has room to run, but admits allocating assets in today's environment is not easy.
Goldman's Cohn: Dream on if you think the Fed is hiking rates in September
Breakfast with Benjamin: Gary D. Cohn, president and COO of Goldman Sachs, believes the economy and markets are in no shape for higher rates.
House committee cuts funding for DOL's fiduciary rule
The Department of Labor would be unable to spend any money to update its fiduciary rule under a House Appropriations Committee budget approved Wednesday.The legislation, which would also defund Obamacare, President Barack Obama's Patient Protection and Affordable Care Act, is aimed at reducing
Pimco's Income Fund becomes the firm's new star
Breakfast with Benjamin: Pimco's Income Fund (PIMIX) is shining bright under Dan Ivascyn, raising the question: Bill Gross who?