PIMCO Total Return Instl

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    Fund Managers

    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.

    By Stuart McKenzie
  • 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.

    By Phalguni Soni
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