News & Press

Pimco offers special bonuses in wake of Bill Gross exit / The Edge advises Management to Spinoff Pimco

Written by admin | Nov 7, 2014 2:19:40 PM

By Jennifer Ablan, Editor, US Investments at Reuters.  Gross’ exit, eight months after his top deputy Mohamed El-Erian quit amid acrimony, has triggered another round of speculation in the bond market over leadership stability and accelerating outflows from Pimco. The Edge Consulting Group, a research firm that focuses solely on spinoffs and special situations, said on Friday that a split or spinoff of Pimco from Allianz is not out of the question. The Edge said it would be “beneficial for the Allianz investors and Pimco investors as…

Continue reading full article