Bill Gross said to sue Pimco for at least $200 million
Bill Gross Sues Pimco for Breach of Contract
Former bond king's fund at Janus Capital Group attracted a big chunk of new investor money in April, before the fund was hit by a selloff in bonds.
We'll be monitoring how these firms adapt to the rapid growth of ETFs and the continued risk aversion of investors.
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Janus' asset growth could be significant—and does raise our fair value estimate for the firm—but it also faces some hurdles.
This fund company is trying to right the ship.
Morningstar's assessment of fund and stock stewardship can help investors find companies run by those who have investors' best interests at heart.
We’re placing PIMCO parent Allianz under review as we assess the impact of the a potential flood of outflows that could follow Bill Gross to Janus.
Even with the baggage that Gross brings with him from the turmoil that has surrounded PIMCO over the past year or so, we see the move as a likely positive for Janus Capital Group shareholders.