PIMCO Loses $10B After Bill Gross Resigns

PIMCO Loses $10B After Bill Gross Resigns
Bill Gross at the Morningstar conference in Chicago - June 19th 2014 photo by ValueWalk
The Pacific Investment Management Company, or Pimco, suffered nearly $10 billion in withdrawals as investors fled the fund following the resignation of Bill Gross, the company’s co-founder and chief investment officer, on Friday, The Wall Street Journal reported. The report added that the company, which is one of the world’s largest asset management firms, could lose…

Pimco Loses $10B After Bill Gross Resigns

Updated on

Greenlight Beat The S&P In Q4: Here Are The Fund’s Biggest Winners

David Einhorn Greenlight CapitalDavid Einhorn's Greenlight Capital funds were up 11.9% for 2021, compared to the S&P 500's 28.7% return. Since its inception in May 1996, Greenlight has returned 1,882.6% cumulatively and 12.3% net on an annualized basis. Q4 2021 hedge fund letters, conferences and more The fund was up 18.6% for the fourth quarter, with almost all Read More

No posts to display