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Pimco Total Return Fund Records Largest Redemption In Its History On Gross Exit: $23.5 Billion

TedTed
edited October 2014 in The Bullpen
FYI: The world's biggest bond fund recorded its largest outflows in history last month, with investors withdrawing $23.5 billion from the Pimco Total Return fund (PTTAX) as manager Bill Gross left the firm he cofounded in 1971.
Regards,
Ted
http://www.investmentnews.com/article/20141001/FREE/141009984?template=printart
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