Bill Gross’ terrible, horrible, no good, very bad year
A timeline of the tumultuous 2014 for Gross and Pimco
The news that Bill Gross, co-founder of Pacific Investment Management Co., has decided to head to Janus Capital Group Inc. to manage fixed-income portfolios is the latest twist in a year full of headlines for the so-called “Bond King.” From resignations to poor performance, Pimco and Mr. Gross have had a tumultuous 2014. We’ve pulled together this timeline of all the drama that’s ensnared the firm and its departing co-founder so far this year. Scroll through to see the many developments at the high-profile bond firm.
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