In the Margins

PIMCO AUM hits new post-Gross high

July 14, 2017

By Bloomberg

PIMCO's assets under management climbed to $1.61 trillion as of June 30, the biggest quarterly increase since the 2014 ouster of co-founder Bill Gross prompted a flood of withdrawals. PIMCO's AUM rose about $100 billion from $1.51 trillion as of March 31, according to information posted on the firm’s website after markets closed Thursday. They climbed about $70 billion in the first quarter of 2016, previously the highest post-Gross gain. Read the original story from Bloomberg.

 

 

Most Read

Top of the Agenda - Industry Groups
MFDF's Susan Wyderko to retire in 2020

Susan Wyderko will retire from her position as president and CEO of Mutual Fund Directors Forum in the fall of 2020. When she steps down next ...