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Chapter 694 Misfortune diverted to the east
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Chapter 696 First Hedge Fund (2)
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... le around the world, "The King of Bonds".
PIMCO was originally the investment department of Pacific Insurance, and later established itself as an independent fund company. Five years later, Gross took over the company and began his legendary bond investment career.
Starting from 1987, Gross' return on investment has been close to 10% for the entire 20 years, reaching an astonishing 9.5%. In the volatile bond market, this yield is simply unbelievable. Attracted by this rate of r ...
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