In the Margins
Bill Gross resigned from PIMCO in 2014 via a handwritten letter left “in the middle of the night,” according to a court filing from the firm. The note executives found Sept. 26, 2014, was addressed to “CEO, PIMCO” and stated: “This letter will confirm my resignation from PIMCO as of Sept. 26th, 2014 at 6:29 AM PST,” PIMCO said in its filing. The letter was signed “William H. Gross.” Read the original story from The Wall Street Journal.
Most Read
Members of the Heartland Funds board and Heartland Advisors management team spent a recent evening together sharing a meal. Of course it's not unusual for independent ...
Average compensation among mutual fund independent directors was higher in 2024, when compared to the year prior, an increase that was more than double what their ...
Comprehensive guidance on the oversight of sub-advisers that exists in the market has served mutual fund boards well for over 15 years. These frameworks remain foundational, ...
Independent directors who anticipate overseeing exchange-traded fund share classes are contemplating myriad issues related to what many industry participants believe will be a seismic shift in ...