pimco

Leading investment firms have told US regulators that the departure of Bill Gross from PIMCO was a "stress test" that the industry has passed.

Bill Gross has revealed for the first time that his departure from PIMCO last year was not voluntary.

Former PIMCO manager Bill Gross believes the 'good times are over' for markets and has told investors they should be content with low returns this year.

The PIMCO Total Return Bond fund reported $19.4bn in outflows last month as redemptions accelerated again as the year drew to a close.

Former Schroders manager Giles Money has joined PIMCO's global equity team.

With the dollar at a five-year high against a basket of currencies, and further strength against sterling predicted, Investment Week asks wealth managers which funds they are using to play the trend.

UK investors can access Bill Gross' Janus Global Unconstrained Bond fund after the firm announced it is open for subscriptions across Europe.

Gauging the Gross effect

Star bond manager Bill Gross helped attract more than $1bn of estimated net deposits into two bond funds at his new home Janus Capital in October.

The PIMCO Total Return fund suffered a record $27.5bn in outflows last month, following on from the $23.5bn pulled out in September as Bill Gross (pictured) left the company.