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Financials Who will benefit from Bill Gross’s move from PIMCO to Janus?
Large and established bond ETFs seem to be the biggest beneficiaries of Bill Gross’s exit from PIMCO. BlackRock (BLK), the world’s largest ETF player, currently seems to be the biggest beneficiary of Gross’s withdrawal.
Financials Why large-fund investing isn’t always right in mutuals
The bigger your fund gets, the more difficult investing a meaningful percentage of your assets under management in new and upcoming ideas becomes.