Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Has Pimco Total Return Gotten Too Big? Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, August 2, 2010

Has Pimco Total Return Gotten Too Big?

News summary by MFWire's editors

In an article over the weekend, The Wall Street Journal's Jane Kim explores whether the $237.2 billion Pimco Total Return Fund is "too big to do battle."

The article also mentions alternatives to Pimco's fund, such as the Harbor Bond Fund, which Pimco sub-advises, and the DoubleLine Total Return Bond Fund.

Kim notes that investors are concerned about whether the Pimco Total Return's size can affect future returns.

Pimco's co-chief investment officer Bill Gross told the pub that some investors had similar concerns when the fund's assets reached $100 million, $1 billion and $100 billion.

"We've been able to outperform by our standard 100 basis points already in this particular year," Gross was quoted in the article as saying. "There's still an unlimited amount of fish in the bond sea." Gross noted that the supply of new bond issues is growing 100 times more than asset flows to the fund.

The article also carried thoughts from DoubleLine Capital CEO Jeff Gundlach, Morningstar associate director of fund analysis Sonya Morris, New York-based financial advisor Lewis Alfest, Rochester, New York-based financial advisor Jeffrey Feldman, Albuquerque, New Mexico-based financial planner Donna Skeels Cygan and McLean, Virginia-based financial advisor Jeffrey Zures

Edited by: Armie Margaret Lee


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use