Bond king retires after a pauper’s year

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By Jasper Cox
04 Feb 2019

Portfolio manager Bill Gross, regarded as a legend of the fixed income investment world, announced his retirement on Monday, after a torrid year for the global unconstrained bond fund he managed at Janus Henderson Investors.

Gross, co-founder of Pimco and dubbed the “bond king”, will step down after five years at Janus Henderson. He will focus on managing his personal assets and private charitable foundation.

“I’ve had a wonderful ride for over 40 years in my career — trying at all times to ...

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