Investor's Business Daily - Investing RSS http://ift.tt/1rJHqLD Shareholders did not wait to see how the departure of Pimco cofounder Bill Gross -- marquee manager of Pimco's Total Return bond mutual fund and the fund's ETF clone, Total Return Exchange Traded Fund (BOND) -- would play out. They have voted with their wallets, yanking money out of the renowned bond shop. Gross' departure might mean asset withdrawals of 10% to 30% from Pimco and large deposits at his new home, Janus Capital Group (JNS), according
No comments:
Post a Comment