Tag: PIMCO Total Return Fund

The Fall of the House of PIMCO… The Bill Gross Saga

Overview of PIMCO Over the years, Pacific Investment Management Company or PIMCO has been the global leader in fixed income or bond management. Their Total Return Bond Fund was the largest mutual fund in the world with roughly a quarter of a trillion dollars until ceding to Vanguard late last year. It was the standard by which competitors were judged and dominated the 401K market. Although now owned by giant insurer Allianz, PIMCO has essentially been an autonomous unit since […]   Read More
Date: March 16, 2014