Bill Gross Touts PIMCO Total Return ETF’s Active Approach
September 23, 2012 at 05:43 AM EDT
PIMCO’s Bill Gross is calling out rival passively indexed bond exchange traded funds that have a heavy allocation in low-yield Treasuries. At a recent IndexUniverse conference, Gross boldly told financial advisors to swap out their Vanguard and iShares bond ETFs for the PIMCO Total Return ETF...