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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 |