Gross Loses to Goldman in Hot New Bond Strategy

Gross Loses to Goldman in Hot New Bond Strategy Play

April 14 (Bloomberg) -- Bill Gross just can’t catch a break. As investors flock to funds designed to make money even if interest rates increase, Gross’s PIMCO is alone among the biggest bond managers in suffering withdrawals from the strategy. Betty Liu reports on “Movers & Shakers” on Bloomberg Television's “In The Loop.” (Source: Bloomberg)

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