Wednesday, October 1, 2014

Bond Alternatives For Investors Rattled By Pimco News



Investor's Business Daily - Investing RSS http://ift.tt/YPaXbc It's the behemoth flagship fund with a 17-year track record from a manager dubbed the bond king. But Pimco Total Return enters the final quarter of 2014 under a cloud of uncertainty. For investors in the bond mutual fund, it means coming to grips with the abrupt Sept. 26 resignation of Pimco co-founder Bill Gross. And the significant outflow from PTTAX after his departure. And the three new faces at the helm, managing $221.6 billion in assets.


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