Investment manager Bill Gross has reached a settlement with Pacific Investment Management Co., the Newport Beach investment giant he founded and led for decades, then sued in 2015 after an acrimonious split. In a joint press release Monday, Gross and Pimco executives called the settlement amicable,...

BING NEWS:
  • Wanda Agrees to Sell James Bond’s Yachtmaker Sunseeker to Lionheart
    An entity affiliated with Dalian Wanda Group Co. agreed to sell Sunseeker International Ltd., a maker of yachts, to Lionheart Capital, according to people with knowledge of the matter. The Chinese ...
    04/10/2024 - 7:50 am | View Link
  • The Best Bond Index Funds: Part 1
    By 2010, they were distinctly unpopular, while fixed-income managers Bill Gross and Jeff Gundlach remained investment royalty. The latter has changed. Gross was pushed out of the company he founded.
    04/7/2024 - 1:00 pm | View Link
  • Bond giant Pimco favours gilts over US Treasuries amid inflationary pressure
    Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bond fund giant Pimco is holding a smaller than usual position in US Treasuries and prefers the bonds of ...
    03/25/2024 - 1:00 pm | View Link
  • Judge approves Trump’s $91 million bond in E. Jean Carroll lawsuit
    Jean Carroll’s defamation lawsuit on Tuesday. Carroll did not oppose Trump’s bond application after his lawyers agreed to make one change to the conditions. In January, a jury ordered Trump to ...
    03/12/2024 - 10:39 am | View Link
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Welcome to Wopular

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