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

CCO Insight
CCOs see bigger pay bump in 2017

Mutual fund chief compliance officers received significant bumps in pay in 2017, according to new data from Management Practice Inc. On average, fund CCO compensation packages ...