pimco

PIMCO's Bill Gross, manager of the world's largest bond fund, has called on George Osborne to revise his austerity measures to stop the UK falling into recession.

PIMCO bond fund manager Bill Gross has acknowledged he made a mistake in betting so heavily against US government bonds earlier this year.

Bill Gross, Bill Miller and Warren Buffett have clashed over Standard & Poor's downgrade of the US' credit rating.

Recent events in the US have caused another headlong surge into UK gilts for their supposed safe haven status, driving yields down to fresh lows.

PIMCO's sterling portfolio head Mike Amey believes the 30-year bull market in UK gilts is dead and has shifted his focus towards emerging market currencies.

PIMCO has launched a credit fund aimed at investors concerned about rising interest rates.

PIMCO's Bill Gross has warned the US authorities are focusing too much on reducing the budget deficit instead of tackling the country's unemployment problem, which could derail the recovery.

‘If in doubt, delegate' seems to be the mantra of a growing number of investors this year, as asset allocation portfolios giving managers discretion to shift capital between markets are a popular choice.

As investment styles fell from favour during the credit crunch, and certain asset classes were unloved as a result of Europe's debt crisis, some veteran asset managers have had to change their spots.

PIMCO's Bill Gross is urging investors to play the safe end of the credit space by shunning duration risk, as rising inflation hits yields.