The real Bill Gross story with big help from the Wall Street Journal's reporting (Hint: The signs were there)
The humbled Bond King goes to an equity shop with a shove from PIMCO, a DoubleLine query and diminished options, WSJ reports
Related Moves
Vanguard Group shows up as 'alpha' disciple with two new fixed-income fund launches as it surpasses PIMCO's $2 trillion with ex-Goldman Sachs partner now calling the shots
The $8 trillion Malvern, Pa. manager owns beta investing, but RIAs are demanding higher income -- hence market timing and cherry picking -- from their fixed-income allocation.
August 10, 2021 at 11:46 PM
MR RIA
Kinda reminds me of Joe Paterno’s life…