Famed fixed income investor Bill Gross is leaving PIMCO, the company he co-founded, to join global investment house Janus Capital Group.
At PIMCO, Gross managed the world's largest bond fund - the PIMCO Total Return fund. From 6 October, Gross, who said he wanted to return his "full focus to fixed income markets", will run the recently-launched Janus Global Unconstrained Bond fund and related strategies. He will also work with other members of the team focused on global asset allocation. In a statement, Gross said: "I look forward to...
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