In the Margins

PIMCO Total Return plagued by redemptions

October 2, 2015

By BloombergBusiness

Once the world's largest mutual fund, the PIMCO Total Return Fund had its 29th straight month of client redemptions in September. Investors pulled $2.3 billion from the fund in September. This followed $1.8 billion in August, $2.5 billion in July, and $3 billion in June. Assets have fallen to $95.5 billion from an April 2013 high of $293 billion. Read the original story from BloombergBusiness

 

 

Most Read

A Seat at the Table
Invesco Funds board finalizes succession plans

The Invesco Funds board will name Christopher Wilson vice chairman at its June meeting, making him the heir apparent to long-serving independent Chair Bruce Crockett. Crockett ...

Top of the Agenda - Compensation
Fund board comp moves up, as industry keeps changing

Analyzing mutual fund director compensation data is getting increasingly difficult as consolidation reshapes the mid-sized to large end of the market and a reduction in stand-alone ...