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Bill Gross retires after four-decade career in bonds

Bill Gross, co-chief investment officer of Pacific Investment Management Co. (PIMCO), smiles during an alumni event hosted by UCLA Anderson School of Management in Beverly Hills, California, on Nov. 17, 2011. Photographer: Andrew Harrer/Bloomberg

His returns at Janus failed to live up to his stellar long-term record at Pimco.

Bill Gross, who reigned for decades as the Bond King at Pacific Investment Management Co., is retiring more than four years after jumping to Janus Henderson Group from the fixed-income giant he co-founded.

"I've had a wonderful ride for over 40 years in my career — trying at all times to put clie

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