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

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

Rating:Pimco is Popular Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, August 13, 2010

Pimco is Popular

News summary by MFWire's editors

Bill Gross' Pimco [see profile] is once again in the headlines and for all the right reasons. In Bloomberg BusinessWeek's Popularity Issue released yesterday, Pimco's $239.3 billion Total Return Fund gets the nod as the most popular mutual fund.

Bloomberg BusinessWeek reporter J. Emilio Flores notes that Pimco's flagship fund takes in a whopping $1 billion of assets a week. Pimco currently manages some $1.07 trillion in total assets.

The scribe also reports that "it is not uncommon for Pimco's managers come into the office at 4 a.m. and find Gross sitting Zen-like amid an array of monitors, his tie already loose around his collar." Perhaps he is meditating on the ways to investing enlightenment, or maybe on how to double his firm's assets within the next few years.

The runners-up to Pimco, according to the mag, are American Growth Fund of America, Vanguard Total Stock Market, American Europacific Growth-A and Vanguard 500 Index Fund.  

Edited by: Hung Tran


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