May 26, 2016
Gross Trying to Short Credit to Reverse Decades of Instinct
It’s becoming increasingly difficult for money managers to justify their fees or their jobs, Gross said.
“I know that my investors want three, four, or five percent, or else they can keep it in the bank or stuff it in their mattress,” he said.
So I must leave, I'll have to go
To Janus Funds, no more Pimco
And win a fortune in a game
My life will never be the same
Pollsters Get One Right: Macron and Le Pen Square Off in Round Two as Expected - Emanuel Macron and Marine Le Pen will square off in round two of the French elections as most expected. (more…)
3 hours ago