Gross: Developed world will not escape ‘straight jacket of debt' for years

clock

PIMCO's Bill Gross, manager of the world's largest bond fund, has warned developed economies are set for sluggish growth and artificially low interest rates for a number of years, as they struggle to reduce their sky-high debt levels.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Stories of the Week: BlackRock European fund team shake-up, Schroders' New Europe chief, and the latest EWI/Saba updates

The biggest stories from the world of investment and asset management this week

Investment Week
clock 02 April 2026 • 1 min read
Over half of DIY investors fear permanent portfolio damage from Middle East conflict

Over half of DIY investors fear permanent portfolio damage from Middle East conflict

70% worried about geopolitical risk

Patrick Brusnahan
clock 02 April 2026 • 1 min read
Stories of the week: Wealth Club launches private markets SIPP; GAM Alts managers call for Liontrust review and sale;  EWI chair slams FCA on Saba

Stories of the week: Wealth Club launches private markets SIPP; GAM Alts managers call for Liontrust review and sale; EWI chair slams FCA on Saba

The biggest stories from the world of investment and asset management this week

Investment Week
clock 27 March 2026 • 1 min read
Trustpilot