The most-famous bond and foreign exchange traders have come together after George Soros invested $500 million of his estimated $26.2 billion fortune with Bill Gross at Janus Capital.
Bill Gross and George Soros
Gross announced it today on twitter.
The vote of confidence is a major boost for Gross after his reputation took a hit when he was forced out of PIMCO on Sept 26.
I wonder what kind of sweetheart deal Soros gets in exchange for the publicity.