Andrew Walker
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Bill Gross Left Pimco, Should You?

Bill Gross left Pimco is the talk of the town but why this is such a big deal for investors? Bill Gross is a bond king so the departure of Gross will cause some investors to move money to Janus or other fix-income fund with strong long term records.

4 Reasons Why Bill Gross Leaving Pimco Is Such Big News

Ian Salisbury

'Bond King' Bill Gross has resigned from the firm he founded. Here's why his move matters.

It many not be LeBron leaving Miami, but on Wall Street, at least, it was arguably an even bigger deal. Bill Gross, long one of the biggest stars in money management, has resigned from the Newport Beach, Calif., asset management giant Pimco and will be heading to Janus Capital in Denver.