What is the impact of Bill Gross leaving PIMCO on Janice's shares?
Why Is Bill Gross Leaving Pimco, Joining Janus Capital?
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Bill Gross, known as the Bond King, has left PIMCO to join Janus Capital, where he will manage their global bond portfolio. This move comes after a challenging year for Gross, marked by the departure of Mohammed El Erian and an SEC inquiry into PIMCO's bond ETF pricing. The market reacted with Janus shares surging and PIMCO's parent company shares falling.
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What recent inquiry is the SEC making related to PIMCO?
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