The Traderszone Network

Published in TZ Latest News 2 January, 2015 by The TZ Newswire Staff

Spot When Bill Gross Quit

If Bill Gross needed any vindication of how PIMCO investors feel toward him vs. the institution of PIMCO, he got it moments ago when Pimco’s flagship Total Return Fund reported that it had experienced a whopping $19.4 billion in outflows in December. This follows a combined $60.5 billion in outflows since Gross’ departure in September, including a record $27.5 billion in October.

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