MutualFundWire.com: Pimco's Extra Freedom Fails to Impress Morningstar
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Friday, September 9, 2011

Pimco's Extra Freedom Fails to Impress Morningstar


Fundsters intererested in Allianz's move this week handing international distributions of Pimco's mutual fund over to Pimco [see MFWire.com, 9/6/2011] may want to read yesterday's "Fund Times" column. Morningstar highlights the move, noting that Pimco's equity funds in Europe "have grown almost a hundredfold" since Pimco launched them in the spring of last year.

"The move is driven more by business than investor interests," Morningstar writes.


Printed from: MFWire.com/story.asp?s=37774

Copyright 2011, InvestmentWires, Inc.
All Rights Reserved
Back to Top