PIMCO founder and co-CIO Bill Gross spoke with Bloomberg Television's Tom Keene about the launch of the Total Return ETF, investment strategy and the ISDA’s decision on Greek debt.
Gross said that the ETF is "really a mom-and-pop type of thing from my standpoint.” He also said that the ISDA has yet to make a final call on Greek default-swaps and that "it's not a slam dunk…we expect the next few days, perhaps next few weeks, to ultimately send the ISDA committee back for one final vote."