Bond guru Gross couldn't re-create the Pimco magic
The question sure to be asked about the retirement of legendary bond trader Bill Gross from Janus Henderson after a short four-year stint is: Did he jump or was he pushed?
That's because the Denver-based mutual fund firm hasn't made much of a secret of its disappointment with his performance lately. In August, Richard Weil, the Janus CEO, said on CBNC that Gross, 74, had "been wrong and wrong badly in the short term. And he's accountable and we're accountable for that."
Weil added, "...