Two closed-end funds recommended by Bill Gross at the Barron’s Roundtable, plus a Meryl Witmer stock pick, are moving higher. Also: Phillips 66 shares jumped on a Barron’s recommendation.
Barron’s Roundtable member Gross reflects on the dangers of global debt, and suggests two ways for investors to profit in a low-rate environment.
Pimco rivals prep for a potential new wave of money flowing out of the Newport Beach, Calif., bond giant after the departure of co-founder Bill Gross. WSJ’s Gregory Zuckerman reports. Photo: AP
Six months after then-Pimco CEO Mohamed El-Erian resigned, do tensions still continue internally with co-founder Bill Gross? Gregory Zuckerman discusses on the News Hub with Sara Murray.
With nearly all bond categories looking pricey, Michael Aneiro of Barron’s explains why Pimco’s Gross likes these two closed-end funds and one ETF.
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