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

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

Rating:Gross Reels In Billions Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, September 05, 2012

Gross Reels In Billions

News summary by MFWire's editors

The money keeps rolling in to Pimco's [profile] Total Return Fund. Min Zeng of the Wall Street Journal writes that Bill Gross' flagship fund took in $1.3 billion in August, bringing the fund's total inflows this year to $9.3 billion.

For those who don't keep track of the bond king's daily comings and goings, the WSJ piece continues with a discussion of Gross' investment strategy and his fund's recent performance. A quick rundown:

  • The Total Return Fund is up 8.12 percent this year through September, beating its benchmark's 3.85 percent return;
  • Gross is betting on mortgage-backed securities and TIPS, fearing both long-run inflation and turmoil in Europe;
  • and he expects further action from the Fed. 

    Edited by: Chris Cumming


    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
    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. 1997-2019
    14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
    Privacy Policy :: Terms of Use