pimco

Old Mutual Global Investors has dropped PIMCO as sub-adviser on its Total Return fund in favour of former manager Bill Gross, now at Janus Capital.

Veteran fixed income manager Bill Gross has admitted he is frightened by the lack of liquidity in bond markets.

PIMCO's CIO Mihir Worah has labelled shorting UK RPI 'the carry trade of the decade', as he sees inflation in the UK remaining below current expectations.

PIMCO's global equities CIO Virginie Maisonneuve is to leave the firm just 18 months after joining the group, as it closes two equity funds.

The PIMCO Total Return fund has fallen in the rankings of world's largest bond fund, replaced by Vanguard's Total Bond Market Index fund.

Former Federal Reserve chairman Ben Bernanke has taken a position as a senior adviser at PIMCO.

Leading investment firms have told US regulators that the departure of Bill Gross from PIMCO was a "stress test" that the industry has passed.

Bill Gross has revealed for the first time that his departure from PIMCO last year was not voluntary.

Former PIMCO manager Bill Gross believes the 'good times are over' for markets and has told investors they should be content with low returns this year.

The PIMCO Total Return Bond fund reported $19.4bn in outflows last month as redemptions accelerated again as the year drew to a close.