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. 
Edited by:
Neil Anderson, Managing Editor
Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE