Reuters Money: Bill Gross and the Great Man theory of investing

	Click to View in Browser 09/30/2014 Bill Gross and the Great Man theory of investing (Reuters) - Judging by the Bill Gross affair, the Great Man theory is alive and well among investors. Vanguard, BlackRock may reap billions from Pimco after Gross exit NEW YORK/BOSTON - Vanguard Group and BlackRock Inc could be prime destinations for hundreds of billions of dollars in assets that may flee Pimco in the wake of the sudden exit of Bill Gross, the celebrated "Bond King" of U.S. mutual funds. His new company, Janus Capital Group Inc, may see Gross's cachet attract tens of billions of dollars, investors and analysts said. Retirement plan advisers set to flee Pimco after Gross exit (Reuters) - Bill Gross's sudden departure from Pimco and the Total Return Fund he ran for 27 years was the last straw for Jim Phillips, president of Retirement Resources, a Peabody, Massachusetts-based firm that advises 401(k) plans with $50 million to $100 million in assets. He's advising clients to head for the exits. Women lag in venture capital even as they make strides as entrepreneurs SAN FRANCISCO (Reuters) - Women venture-capital partners are becoming scarcer even as more women entrepreneurs are winning venture cash, according to a report from Babson College. World investors diverge on the outlook for stocks Global investor sentiment is diverging, with Europeans, including the UK, remaining bullish British investors turn bullish and slash cash reserves LONDON (Reuters) - British investment managers were in a bullish mood in September, taking more of their money out of cash and putting it to work in riskier assets that offer potentially higher returns, according to a Reuters poll. Pimco moving away from Bill Gross model, CEO says (Reuters) - Pimco is moving away from a founder-led model and the $2 trillion asset manager's flagship fund, formerly run by co-founder Bill Gross "does not define Pimco," CEO Doug Hodge said on Sunday. Beware of offers to refinance federal student loans LOS ANGELES (Reuters) - People with federal student loan debt now have a few options to lower their rates with private consolidation loans, but consumer advocates warn they could be giving up vital protections in doing so. With Pimco's Gross out, Allianz tries to reassure investors FRANKFURT/NEW YORK (Reuters) - Top executives of Pimco and its German parent, Allianz SE, scrambled on Monday to stem the outflow of money after the stunning exit of star bond manager Bill Gross last week, but even after months of internal strife Allianz said it plans to let Pimco continue to steer its own ship. Pimco says can handle rise in outflows after Gross exit FRANKFURT (Reuters) - Pimco is bracing for investors to pull out money following the sudden departure of its co-founder Bill Gross but expects the vast majority of clients to stick with the firm and is confident it can handle any outflows, the California-based investment group's chief executive said. Related Video Wall St. watches Hong Kong protests Consumer spending, incomes see a pick up Business News U.S. home prices rise less than expected in July: S&P/Case-Shiller EBay follows Icahn's advice, plans PayPal spinoff in 2015 The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend