Sree Vidya Bhaktavatsalam

Pimco's CEO Douglas Hodge said the firm is expecting and is ready for client redemptions following the departure of co-founder Bill Gross.

Bill Gross's Pimco Total Return ETF is being investigated by the SEC over whether it artificially inflated asset prices to boost returns, according to the Wall Street Journal.

Pimco's Bill Gross said the firm plans to appoint more investment deputies in the coming weeks after the departure of Mohamed El-Erian.