pimco

PIMCO's Bill Gross has criticised the decision that Greece's debt restructuring should not spark a payout on credit default swaps.

PIMCO's Bill Gross is moving from the offensive to the defensive as he calls time on the ‘total return' strategy he has pursued over the past three decades.

CURRENCIES

ASHBY'S ANSWERS

PIMCO's Bill Gross has warned as US interest rates head towards zero, they could be a regressive influence on the economy and may kill rather than create credit.

BlackRock's Bob Doll has shot down the prospect of a further round of stimulus in the US, challenging expectations from leading bond investor Bill Gross at PIMCO.

PIMCO, the world's largest bond fund manager, is telling its clients to diversify out of euros and into EM currencies, according to Reuters.

PIMCO chief executive Mohamed El-Erian has said Greek debtholders need to take a greater haircut than planned in order to make the country's economy sustainable over the medium term.

PIMCO has confirmed it will launch a low-cost tracker version of the PIMCO Total Return fund for US investors on 1 March.

PIMCO chief executive Mohamed El-Erian said the Federal Reserve should hold back on unloading QE3, as he believes further stimulus will prove futile in attempting to reduce inflation.