Bill Gross Sees 'Much Less' Alpha, Lower Fees In Era of Quants and QE

The transcript discusses the challenges and opportunities in generating alpha in today's market, focusing on bonds and structural inefficiencies. It highlights PIMCO's strategic moves in adopting new products and financial futures early on, which contributed to their success. The discussion also touches on the potential for future market developments and the role of technology and innovation.

What factors contribute to the generation of alpha in the current market?

How has the era of outperformance changed according to the speaker?

What challenges do bond investors face in the current market environment?

Discuss the significance of structural inefficiencies in generating alpha.

What role did new products play in the success of investment firms like PIMCO?

How did the perception of financial futures change over time according to the speaker?

What does the speaker imply about the future of market innovations?