The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Pimco Inches Toward Life After Gross Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, April 24, 2013

Pimco Inches Toward Life After Gross

News summary by MFWire's editors

One day Bill Gross will retire, and Pimco [profile] is bracing itself.

Charles Stein and Alexis Leondis of Bloomberg highlight how the Allianz subsidiary has become less Gross-dependent in recent years. For example, 63 percent of Pimco's mutual fund assets as of March 31 were managed by 69-year-old Gross, down from 84 percent 10 years ago.

Consultant Burt Greenwald told the wire service that "Pimco has tried to downplay Gross and build an institutional brand."

The article highlights some of Gross' monthly outlook commentary. It also offers commentary from Pimco CEO Mohamed El-Erian, Strategic Insight research director Avi Nachmany, financial advisor Kurt Brouwer, Alpha Capital Management research chief Anna Dunn, consultant Geoff Bobroff, Sierra Core Retirement Fund PM Kenneth Sleeper, Morningstar mutual fund research director Russ Kinnel, Harvard Business School professor Nancy Koehn, Weston Financial Group chief investment officer Ronald Sugameli, and R.W. Roge & Co. PM Steven Roge

Edited by: Neil Anderson, Managing Editor

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use