PIMCO in the Post-Gross Era
New leadership has built on PIMCO's strengths.
It's been more than three years since co-founder and CIO Bill Gross left PIMCO in September 2014. One of the central questions in the days and months that followed was whether the firm would see a change to its investment process under its new leadership.
A Familiar Approach, But With Some Important Tweaks
At a high level, the answer is no: The basic contours of PIMCO's investment process haven't changed. PIMCO still has a primary investment committee that meets four times a week and sets top-down guidelines for portfolio managers.
Eric Jacobson has a position in the following securities mentioned above: PTTRX. Find out about Morningstar’s editorial policies.