Jeffrey Gundlach


[via @jennablan, earlier re: horses]

In a move that stunned Wall Street, bond guru Bill Gross is joining Janus Capital Group, effective Sept. 29, the company announced Friday. Gross is leaving as chief investment officer of Pimco, the company he founded, after a remarkable 43-year tenure. Bond guru Bill Gross had met with Jeffrey Gundlach to discuss joining fixed income investment management firm Doubleline.1 Five Pimco executives told parent company Allianz they would leave Pimco if Gross did not. [CNBC, earlier] Read more »

Back in August, we learned that bond guru Jeffery Gundlach was “preparing a possible bid” for the Buffalo Bills, his hometown team. When yesterday it was reported that the organization had reached an agreement with Sabres owners Terry and Kim Pegula who offered $1.4 billion to become the new owners, we wondered how Gundlach would take the news. After all, this is a man known for getting what he wants, be it his art back from the crooks who stole it, for people to address him as the Pope, the satisfaction of throwing a party specifically designed to tell his former employer to suck it, or a vintage edition copy of Ass Traffic Vol. 49. To that end, he has never bit his tongue when commenting on a situation in which he felt he was done dirty or that others were in the wrong. So it was surprising to read the statement he released today, in which he sounded curiously upbeat about losing out on the team. Read more »

DoubleLine Capital, the bond management firm run by Jeffrey Gundlach, said on Monday it had hired an executive from rival Pimco to run a new unit focused on developing new investment products and lines of business, particularly outside the United States. DoubleLine named Ignacio Sosa, previously Pimco’s executive vice president for global bond product management, director of its newly formed Product Solutions Group. He starts on May 12 and will report to Gundlach. Sosa’s departure comes after a management shakeup and months of investor outflows at Newport Beach, California-based Pimco. [Reuters, related]

  • 20 Feb 2014 at 6:18 PM

Jeffrey Gundlach Feels Like He’s Getting Screwed

In a plot line not totally dissimilar to that of his favorite film, Ass Traffic: Volume 8. Read more »

  • 06 Feb 2014 at 1:53 PM

Man Of Many Enthusiams Enthusiastic About Last Month

He’s not quite ready to throw a party or sing, but Jeffrey Gundlach sure is glad he was wrong about the Fed taper. Read more »

A regional Fed bank president and a man of many enthusiasms suggest that there will be no taper in your trick-or-treat bag or under your Christmas tree. Read more »