Asset Management

Pimco’s strategy for life after Gross: Go beyond ‘bonds and burgers’

New chief executive Emmanuel Roman aims to push firm deeper into alternative investments

Emmanuel Roman
Emmanuel Roman

Pimco employees have fretted over what direction the money manager will take following the acrimonious exit of star investor Bill Gross and a steady stream of outflows.

New chief executive Emmanuel Roman has a plan: Loosen Pimco's reliance on the traditional bond world.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire