Pimco

Firm has 12 funds in new standings

Which funds stole the show?

'Unmitigated harassment and intimidation'

Steps down at end of August

Effective from 1 July

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.

The PIMCO Total Return fund has fallen in the rankings of world's largest bond fund, replaced by Vanguard's Total Bond Market Index fund.

Pacific Investment Management Company (Pimco) has filed with the Securities and Exchange Commission to launch five active fixed income ETFs - three short duration and two tax exempt - as well as two ETFs that track treasury indices.