Pimco Pays Big Despite Trailing Returns

The transcript discusses PIMCO's investment strategies, focusing on their Treasury allocations and subsequent adjustments in their portfolio. It highlights investor concerns following Bill Gross's departure and the firm's efforts to reassure them. The discussion also covers Bill Gross's significant bonus and compares it to other industry figures.

What was Bill Gross's stance on shorter-dated treasuries?

• He was bearish on them.

• He was bullish on them.

• He had no opinion on them.

• He preferred long-dated treasuries.

What significant change did PIMCO make in their investment allocations?

• Reduced exposure to non-US developed markets.

• Decreased investment in DM.

• Increased allocation to U.S. Treasurys.

• Increased investment in mortgages.

What challenge is PIMCO facing with its investors?

• Investors are satisfied with current performance.

• Investors are asking for more transparency.

• Investors are demanding higher returns.

• Investors are moving their money to other funds.

How does Bill Gross's bonus compare to other mutual fund managers?

• It is significantly more than most mutual fund managers.

• It is about the same as most mutual fund managers.

• It is less than most mutual fund managers.

• It is not disclosed.

Why might Mohammed Al Arian earn less than Bill Gross?

• He manages a smaller fund.

• He is not as experienced.

• He is not the founder of the firm.

• He works fewer hours.