In the Margins

PIMCO's Ivascyn achieves 'phenomenal' performance

December 1, 2015

By Bloomberg

PIMCO's Daniel Ivascyn has turned in stellar performance since taking over the firm's flagship fund following Bill Gross's departure last year. The $51.2 billion PIMCO Income Fund is beating at least 98% of peers. “The fund’s risk-adjusted performance is nothing short of phenomenal,” said Steven Roge, who held his stake in PIMCO Income even after selling PIMCO Total Return. Read the original story from Bloomberg.