NYSE traders: stocks can underperform for long periods.. Photograph:  Brendan McDermid/Reuters

How much money should you put in global equities? Are bonds looking risky right now? Is an old-fashioned portfolio made up of equities and bonds suffi(...)

Bill Gross, former co-founder and co-chief investment officer of Pacific Investment Management Company (PIMCO), speaks in Chicago earlier this year. Gross’ abrupt departure from Pimco, the giant bond firm that he co-founded more than four decades ago, was preceded by months of clashes between the star investor and the firm’s executive committee that got progressively worse, according to sources familiar with the situation. Photograph: Jim Young/REUTERS

Pacific Investment Management Co (PIMCO), seeking to calm investors after the surprise departure of co-founder and former chief investment officer Bil(...)

Bill Gross: “looking forward to be able to continue this run with Janus.” Photographer: Andrew Harrer/Bloomberg

Bill Gross, the famed “bond king”, has resigned from Pimco to join competing asset manager Janus Capital, leaving the company he built into the world(...)

 Bill Gross, who has left Pimco, the firm he founded over 40 years ago to join Janus Capital Group. Photographer: Andrew Harrer/Bloomberg

Bill Gross, who co-founded Pacific Investment Management Co more than four decades ago and rose to become manager of the world’s biggest bond mutual (...)

Mohamed El-Erian had been the chief executive of the $2 trillion Pimco investment fund

Mohamed El-Erian was the chief executive of one the biggest investment funds in the world, earning about a $100 million a year, when he suddenly decid(...)

 US President Barack Obama delivers remarks to supporters as he talks about the economy and to rally support for his current economic policies in Kansas City, Missouri. Photograph: Ed Zurga/EPA

US job growth slowed in July and an unexpected rise in the unemployment rate pointed to some slack in the labour market that could give the Federal Re(...)

Mohamed El-Erian’s resigned abruptly as Pimco’s chief executive. Photograph: Reuters

Several US institutional investors said they are closely monitoring developments at Pimco, the world’s largest bond firm, in the wake of Mohame(...)

Greece’s debt was the worst performer among the bond markets studied, losing 1 per cent since 2008.

Polish debt has delivered the best risk-adjusted return since the 2008 collapse of Lehman Brothers, followed by New Zealand debt and Bank of America M(...)

Vehicles queue at a Cairo petrol station during a fuel shortage last month. “The economic downturn has been brought home to every Egyptian household by long queues at petrol stations and bakeries, the slide in the value of the currency, and rising unemployment.” Photograph: Mohamed Abd El Ghany/Reuters

Egypt’s economic collapse over the past two years has prompted millions to return to the streets and squares to topple president Mohamed Morsi, who fo(...)