Pimco’s Bill Gross praises firm’s ‘broader bench’

An enthusiastic note this week is the latest in a string of client messages from the fund manager as it charts its future under new leadership

Six deputy chief investment officers are better than none.

That's the message from the latest round of assurances from Pacific Investment Management Co, which says its "broader bench" of investment leadership is a sound decision.

WSJ Logo
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