BOND Recovering from Bill Gross Exodus
April 29, 2015 at 14:11 PM EDT
In September of 2014, Bill Gross shook up the fixed income world when he announced that he would be ending his more than 40 year tenure are PIMCO and moving to Janus Capital. The move from the so-called “Bond King” made waves in the debt world, putting pressure on ETFs and mutual funds that relied on Gross’ name and management.
