Veteran bond manager Bill Gross is suing his former employer PIMCO for "hundreds of millions of dollars" following his dismissal in 2014, according to reports.
Schroders, M&G and others set to leave IA
Firm 'worried' about Solvency II rules
OMGI combines teams with Quilter Cheviot
Old Mutual Global Investors is to launch an Absolute Return Government Bond fund for the former Ignis rates team, headed up by Russ Oxley, seeding the vehicle with £100m.
Regulators fear rush to the exit