“Recently, Bill Gross resigned abruptly from PIMCO to join Janus Capital as a portfolio manager. In the talking points below, we offer our perspective on the changes, explain their implications, and discuss how these issues could inform our thinking about investing PIMCO funds in the future….” Download the PDF for the full article:
I’ve always liked Jack Bogle, although I’ve never met him. He’s got heart, but he’s probably joked a thousand times by now, it’s someone else’s; a 1996 transplant being the LOL explanation. He’s also got a lot of investment common sense, recognizing decades ago that investment managers in composite couldn’t outperform the market; in fact, …
With the budget and debt ceiling crises temporarily averted, perhaps a future economic priority will be to promote economic growth; one way to do that may be via tax reform. How to proceed depends as always on the view of the observer and whether the glasses are worn by capital, labor or government interests. Click …
The recent spike in interest rates has spooked bond investors and has created questions around the asset class. Bill Gross of PIMCO directs the world’s largest bond fund and his insights are worth reading. It is hard not to react to this recent spike in rates by lowering your exposure to bonds, in fact that …