FYI: From the moment Bill Gross quit last week, the investing world has been speculating on how much money might flee his Pimco Total Return Fund, the world’s largest bond fund. Would there be a mutual-fund equivalent of a run on the bank? Would Pacific Investment Management Co. be able to meet withdrawal requests without roiling markets as it sold assets to raise cash?
Regards,
Ted
http://blogs.wsj.com/moneybeat/2014/10/01/big-pimco-investors-in-search-of-redemption/tab/print/
