Pimco’s flagship Total Return Fund, which lost its crown as the biggest bond fund in the world in April, had been lagging its peer intermediate-term category and benchmark after going long German bunds and shorting euros against the dollar in recent months. Not every well-established bond manager is having a bad year.
Published in TZ Latest News 28 May, 2015 by The TZ Newswire Staff
Star managers battered by rocky ride in yields, currencies
Published in TZ Latest News 28 May, 2015 by The TZ Newswire Staff
Star managers battered by rocky ride in yields, currencies
Pimco’s flagship Total Return Fund, which lost its crown as the biggest bond fund in the world in April, had been lagging its peer intermediate-term category and benchmark after going long German bunds and shorting euros against the dollar in recent months. Not every well-established bond manager is having a bad year.