FYI: Pacific Investment Management Co., is retiring more than four years after jumping to Janus Henderson Group Plc from the fixed-income giant he co-founded.
“I’ve had a wonderful ride for over 40 years in my career -- trying at all times to put client interests first while inventing and reinventing active bond management along the way,” Gross said in a statement Monday. "So many friends and associates at my two firms to thank – nothing is possible without a team working together with a common interest.”
Gross, 74, has run the Janus Henderson Global Unconstrained Bond Fund since late 2014, shortly after he suddenly left Pimco in the midst of a management clash. His annualized returns of less than 1 percent at Janus failed to live up to his stellar long-term record from the Pimco era.
Regards,
Ted
https://www.bloomberg.com/news/articles/2019-02-04/bill-gross-retires-after-storied-four-decade-career-in-bonds?srnd=premium
