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El-Erian can’t respond to Pimco’s Gross due to terms of departure: sources
(Reuters) - Mohamed El-Erian, former CEO of Pimco, has been unwilling to respond to criticism from the bond investment firm's chief investment officer Bill Gross because of a strict non-disclosure...
Loomis Sayles’ Fuss sees little value in bonds, boosts cash in fund
NEW YORK (Reuters) - Dan Fuss, known as the Warren Buffett of bonds, said his $23 billion Loomis Sayles Bond Fund is sitting on more than 20 percent of cash...
Mercer says terminated Pimco, Western Asset as subadvisers on a bond fund: SEC
(Reuters) - Mercer Investment Management Inc has terminated Pacific Investment Management Company LLC and Western Asset Management Company as subadvisers to the Mercer Core Fixed Income Fund, effective immediately, according...
‘Bond King’ Gross writes an ode to his dead cat, Bob
(Reuters) - Bill Gross, co-founder of bond fund giant Pimco and widely known as the "Bond King," has had a rough start to the year. He's still dealing with the...
Pressure rises on Gross as investors pull $3.1 billion from Pimco’s flagship fund
NEW YORK (Reuters) - Investors pulled another $3.1 billion from Pimco's flagship fund in March, the 11th straight month of outflows from the world's largest bond fund, and its performance...
ING removes Pimco as subadvisor of bond funds totaling $3.7 billion: SEC
(Reuters) - Pacific Investment Management Co. has been removed as subadvisor of two bond funds totaling $3.7 billion offered by ING U.S. Investment Management, though the decision by ING was...
Pimco replaced by TCW Group as subadvisor of $1.3 billion fund
NEW YORK (Reuters) - Pacific Investment Management Co. has been replaced by TCW Group Inc. as the subadvisor of a $1.3 billion bond fund offered by Columbia Management Investment Advisers...
Damage control at Pimco after Gross, El-Erian clash
NEW YORK (Reuters) - In mid-February, a group of current and former Pimco employees were invited to a private farewell party for Mohamed El-Erian on March 10, to mark his...
El-Erian starts tweeting, but won’t talk about Gross
NEW YORK (Reuters) - Mohamed El-Erian, the former chief executive of Pimco, has taken to Twitter to express his views to the world, but he said on Monday he wants...
El-Erian starts tweeting, but won’t talk about Gross
NEW YORK (Reuters) - Mohamed El-Erian, the former chief executive of Pimco, has taken to Twitter to express his views to the world, but he said on Monday he wants...