In a tumultuous 10 years, these managers both protected the downside and seized opportunity to come out on top.
The PIMCO co-CIO and manager on guiding the Total Return Fund through the last 10 years, and how he's positioning it today, including a move into German bunds.
Sales of corporate bonds in the U.S. are surging toward the busiest May ever as borrowers race to the market before demand dries up with Bill Gross and Warren Buffett cautioning against buying debt at all-time low yields.
Pimco fund manager says bull market peaked on April 29; Treasuries still better than cash
Pacific Investment Management Co., whose co-founder Bill Gross said last week the 30-year bull market in bonds is probably over, attracted the most client deposits ever in the first quarter.
With bargains scarce, some core bond managers aren't taking too many chances.
"A bond and equity investor can choose to play with historically high risk to principal or quit the game and earn nothing,” says PIMCO's Bill Gross .