Monday May 13, 2024 | Last Update: May 13, 2024 EDT
Soros Fund Management LLC, a firm run by George Soros, has pulled nearly $500 million investment from an account managed by Bill Gross at Janus Capital Group, Inc., people familiar with the matter told The Wall Street Journal. Soros has pulled his entire investment from the account due to poor returns.
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Pacific Investment Management Co. suffered a huge blow after its co-founder, Bill Gross left the company on Friday.
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