pimco

WEALTH MANAGERS

PIMCO's Bill Gross has predicted the US is poised to fall back into recession amid a climb in unemployment and tough times for corporates.

PIMCO CEO Mohamed El-Erian has dismissed reports tipping him to become the next prime minister of Egypt.

PIMCO's Bill Gross has said US debt to GDP could accelerate towards 800% over the next five years if all actual liabilities are taken into account.

PIMCO's Bill Gross is wary of German bunds, saying there are few scenarios which they can do well and eurozone turmoil is hurting German balance sheets every day.

PIMCO's Bill Gross has told investors they will find it difficult to repeat the performance of the past 30 years, comparing Wall Street to a food chain and Europe to a "tumour".

PIMCO executive vice president Luke Spajic advises investors on how to negotiate 'upside down' credit markets.

The global credit market has been turned upside down as sovereigns contaminate the market and governments become "the new hedge funds", according to PIMCO's Luke Spajic.

Pimco's Bill Gross, manager of the world's largest mutual fund, has called for the US authorities to intervene in currency markets to bolster the US economic recovery.

PIMCO's Bill Gross has warned the move to instigate quantitative easing is becoming increasingly destructive, as investors become ever more reliant on credit.