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
John Waggoner: Layoffs Hit Pimco, GMO As Assets Shrink Amid Flight From Active Management
FYI: (This is a follow-up article) Layoffs have been scarce in the mutual fund industry, but they have hit two complexes recently: GMO and Pimco, which are suffering from declining assets as investors flee active management in favor of passive strategies. Regards, Ted http://www.investmentnews.com/article/20160617/FREE/160619919?template=printart
