A second chance to benefit from Gross' departure

Bill Gross left PIMCO for Janus in September 2014. Some investors followed Gross. Others moved their capital to other well positioned name brand and boutique managers as one of many news stories pointed out.

Since the peak, the giant lost $200 billion dollars in the flagship fund alone.

PIMCO recently announced the bleeding has stopped. Did your bond fund or strategy benefit from the money in motion?

If not, you may get a second chance. Yesterday's news that Gross will be suing PIMCO for being forced out illegally will likely create another round of PIMCO outflows and the opportunity for other fixed income managers to benefit.

Are you positioned this time to capture your share of the assets?