Bill Gross will assume management duties of this widely held, Bronze-rated PIMCO fund when current manager Chris Dialynas takes a leave of absence in 2014.
Bill Gross adds management duties on PIMCO Unconstrained Bond while its longtime manager is on a sabbatical, Arif Husain taking over T. Rowe Price International Bond, and more.
Bill Gross will become the lead manager of Pimco Unconstrained Bond Fund after its current manager Chris Dialynas leaves to take a sabbatical.
BOND REPORT: Treasury Prices Advance Ahead Of Data
UPDATE: If bubbles are out there these 10 sages will warn us
Both Bill Gross' Pimco and Jeffrey Gundlach's DoubleLine Capital have made pushes into actively managed equities in the last three or so years, and if active managers aren't worried yet, they should be.
UPDATE: 'Dirty Harry' choice for investors: Do you feel lucky?
UPDATE: 10 notable views on whether we're in a bubble
What you need to know to get your Friday morning off to the right start, from InvestmentNews senior correspondent Jeff Benjamin. Today: Bill Gross quacks the whip, look out for the next housing bubble and what's happening to the Euro?
Although investors may lean toward active management in bonds and international equities, the Vanguard founder says it's only a matter of time until indexing catches on.