Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Pimco Slows Rush Of Cash Out The Door

FYI: (Click On Article Title At Top Of Google Search)
Two months after Bill Gross quit Pacific Investment Management Co., the giant Pimco Total Return bond fund that he managed for 27 years is showing signs of stabilizing.

Pimco said Tuesday that investor outflows from the Total Return fund slowed sharply in November, to $9.5 billion, following mutual-fund-industry record withdrawals after Mr. Gross’s abrupt departure Sept. 26. Even after the investor redemptions, Pimco Total Return has $162.8 billion under management, making it the world’s largest bond fund.
Regards,
Ted
https://www.google.com/search?newwindow=1&site=&source=hp&q=pimco+slow+rush+wsj&oq=pimco+slow+rush+wsj&gs_l=hp.3...1330.8986.0.9705.19.18.0.1.1.0.74.975.18.18.0....0...1c.1.58.hp..10.9.479.BdQEXMqG-gE
Sign In or Register to comment.