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Pimco had $7.3 bln outflow across US mutual funds in March -Morningstar
April 2, 2014 / 2:55 PM / 4 years ago

Pimco had $7.3 bln outflow across US mutual funds in March -Morningstar

April 2 (Reuters) - Investors pulled $7.3 billion from Pacific Investment Management Co.’s U.S. open-end mutual funds in March, the 10th straight month of outflows for the Newport Beach, Calif. firm, according to Morningstar data on Wednesday.

Pimco, overseen by Bill Gross, had $15.45 billion of outflows from U.S. open-end mutual funds in the first quarter, Morningstar said. (Reporting by Jennifer Ablan and Sam Forgione; Editing by James Dalgleish)

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