Bill Gross Janus Fund Gets $66.4M Deposits in September

Bill Gross Janus Fund Gets $66.4M Deposits in September

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Bill Gross, known as the Bond King, left PIMCO on September 26th to join Janus Capital. In September, Janus's unconstrained bond fund, which Gross will manage, received $66.4 million in client deposits. This amount is small compared to the $220 billion PIMCO Total Return Fund he managed. As PIMCO's chief investment officer, Gross oversaw $1.9 trillion in assets. He announced his departure on September 26th but started at Janus on September 29th, beginning fund management the following Monday. Client deposits are gradually increasing, according to Morningstar.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant event occurred on September 26th involving Bill Gross?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much money did Bill Gross's new fund at Janus Capital receive in client deposits?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the total amount of assets in the PIMCO Total Return fund at the time of Bill Gross's departure?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the total amount Bill Gross oversaw at PIMCO as the chief investment officer?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

When did Bill Gross officially start managing money at Janus Capital?

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