FYI: Pimco’s pain isn’t Bill Gross’s gain, at least not yet.
The Janus Global Unconstrained Fund, managed by Gross, received $66.4 million in September, according to Morningstar Inc., a fraction of the $23.5 billion that left his former fund at Pacific Investment Management Co. Among the early winners is a handful of funds including the $36 billion Metropolitan West Total Return Fund (MWTRX), run by former Pimco managers, which gathered $1.5 billion last month and has attracted more money in October
Regards,
Ted
http://www.bloomberg.com/news/print/2014-10-09/pimco-loss-is-metwest-gain-as-new-gross-fund-slow-to-win.html
