PIMCO Total Return Instl
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Hedge Fund–Like Mutual Funds Lose Appeal as Investors Pull Out
Hedge fund–like mutual funds invited just over $1 billion until May 2015, as opposed to $39 billion during 2014 and a massive $96 billion during 2013.
Financials Why some unconstrained bond funds are seeing investor outflows
Legendary bond investor Bill Gross left Pacific Investment Management Co. (or PIMCO) in September, causing investors to exit en masse from PIMCO-sponsored funds. Total outflows for all of PIMCO’s funds were estimated at $23.5 billion in September.