Why Is Bill Gross Leaving Pimco, Joining Janus Capital?

Bill Gross, known as the Bond King, has left PIMCO to join Janus Capital, where he will manage their global bond portfolio. This move comes after a challenging year for Gross, marked by the departure of Mohammed El Erian and an SEC inquiry into PIMCO's bond ETF pricing. The market reacted with Janus shares surging and PIMCO's parent company shares falling.

What new role will Bill Gross take on at Janus Capital?

• Overseeing their real estate investments

• Managing their global bond portfolio

• Managing their equity portfolio

• Leading their technology fund

How did the market react to Bill Gross's move to Janus Capital?

• Janus shares rose, and PIMCO's parent company shares fell

• Janus shares fell, and PIMCO shares rose

• Both Janus and PIMCO shares rose

• Both Janus and PIMCO shares fell

What challenge did Bill Gross face with Mohammed El Erian?

• A disagreement over investment strategy

• A conflict over company ownership

• A rift in management style

• A legal dispute over fund management

What recent regulatory issue did PIMCO face?

• An inquiry into their stock pricing

• A lawsuit over real estate investments

• An SEC inquiry into bond ETF pricing

• A tax investigation on international funds

What was the final outcome for Bill Gross after the SEC inquiry?

• He decided to stay at PIMCO

• He retired from asset management

• He left PIMCO and joined Janus

• He started a new company