In the Margins
Dan Ivascyn, the man tapped to replace Bill Gross at PIMCO, is hot right now. The returns of his PIMCO Income Fund over the past three and five years are unrivaled. The fund returned 10.6% in the past 12 months alone, and investor money is now pouring in at a pace unseen by any other actively managed stock or bond fund, according to data compiled by Bloomberg and Morningstar. Read the original story from Bloomberg.
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