Was PIMCO surprised by the announcement that Bill Gross was moving to Janus? Here are three examples.
The following email came out this weekend by Financial Advisor Magazine promoting the third annual ETF.com conference on fixed income investing. Bill Gross is one of the featured speakers. I wonder if Gross will still speak, but with a different name tag. Incidentally, PIMCO is a large sponsor of this event.
It was a busy weekend for the PIMCO content developers. Most references to Bill Gross have been removed from the Website and additional timely articles have been written by or at least ghost-written for the replacements.
An article by Fox News' Charlie Gasparino said the wholesalers and customer service reps didn't have talking points to share with advisors. He said $500 million left the fund so far, but more is expected. Full article is here.
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