PIMCO Gross exits Archives - Carrier Management

PIMCO Claims Gross Was Warned About Losing $200M Bonus if He Quit

Bill Gross was warned he would lose his bonus if he quit Pacific Investment Management Co. before the end of the quarter, PIMCO said in a court filing, challenging the central claim in his lawsuit ...

Insurers Kept Their Faith in Allianz’s PIMCO During Transition

While investors pulled funds from Pacific Investment Management Co. in the wake of co-founder Bill Gross's departure, yield-hungry insurance companies kept faith with the company. "Last year the ...

Pimco Shareholder Lawsuit Alleges Excessive Fees Boosted Exec Bonuses

Pacific Investment Management Co. will fight a lawsuit by a shareholder of its Pimco Total Return Fund alleging the company gouges investors with excessive advisory fees to support billion-dollar ...

PIMCO’s Gross Exit, Fireman’s Fund Struggles Challenge Allianz Leaders

German insurer Allianz suffered a humiliating blow on Friday with the resignation of renowned investor Bill Gross as leader of PIMCO, the asset manager Allianz relies on for one fourth of its ...