Pacific Investment Management Company, LLC (PIMCO)
http://www.pimco.comThe Pacific Investment Management Company, LLC, generally known as PIMCO, is an investment company and runs the Total Return fund, the world's largest bond fund. The company was founded in Newport Beach, California in 1971 but is now owned by Allianz, a multinational insurance company based in Munich, Germany. The company's products and services include Separate Accounts, Open-End Institutional Mutual Funds, and Open-End Individual Mutual Funds.
The Total Return Fund is managed by Bill Gross and has $687 billion in assets under management. In addition, former Federal Reserve Chairman, Alan Greenspan, was hired as special consultant to speak at quarterly economic forums and to speak privately with the bond manager about Federal Reserve interest rate policy.
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AIG must face Pimco lawsuit over financial crisis losses
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Bill Gross is cleared to pursue $200 million Pimco lawsuit
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'Bond King' Gross: I did not quit Pimco
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Bill Gross sues Pimco for $200 million over forced ouster
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Bond Giant Gross Not Impressed with European Bailout
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UPDATE: PIMCO's Gross Trims Treasuries in Flagship Fund by 5 Points During March
