Pimco’s Assets Drop Below $100 Billion Post-Gross Era
Pimco’s Decline Post-Bill Gross Once a titan in the bond fund world, Pimco has seen its assets plummet below $100 billion—a striking shift since founder and “bond king” Bill Gross left nearly a year ago. Gross’s departure triggered significant investor withdrawals, leading to an ongoing decline that has brought Pimco’s assets to their lowest level…