Reuters logo
Pimco had $5.5 bln outflows from U.S. mutual funds in April -Morningstar
May 2, 2014 / 2:50 PM / 3 years ago

Pimco had $5.5 bln outflows from U.S. mutual funds in April -Morningstar

NEW YORK, May 2 (Reuters) - Bond giant Pimco posted $5.5 billion in outflows across its U.S. open-end mutual funds in April, data from Morningstar showed on Friday.

The outflows marked the 11th straight month of withdrawals from the Newport Beach, California-based firm. The firm’s flagship Pimco Total Return Fund is the world’s largest bond fund with $230 billion in assets.

Pacific Investment Management Co, a unit of European financial services company Allianz SE, had $1.94 trillion in assets as of March 31, according to the firm’s website. (Reporting by Sam Forgione; Editing by James Dalgleish)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below