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Pimco Sees 16th Consecutive Month of Asset Outflows

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Mark Melin
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When Pimco's Bill Gross was speaking at the Morningstar Conference in Chicago several months ago, he wondered aloud why he was being so harshly penalized by asset withdrawals after delivering strong performance over the lifetime of his fund. The most recent asset withdrawals, the 16th straight month of such asset declines, are sure to leave the head of the world’s largest bond fund scratching his head.

Pimco Bill Gross
Bill Gross at the Morningstar conference in Chicago - June 19th 2014

PIMCO lost another $3.9 billion in client assets

In August Pimco lost another...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.