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PIMCO Sets Industry Record for Outflows

Saturday, Jan 10 2015

News Roundup

Written by PFA News

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PIMCO was hit with $150 billion in redemptions from its open-end mutual funds last year, which is a record for the industry. So reports Reuters.

December was the twentieth straight month in which the company experienced outflows.

Read the full article from Reuters.

Read 5121 times

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