MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, August 5, 2013 Bond Fund Royalty Are Knocked Down Again The bond fund king, and more notably, the bond fund prince, are in trouble once again. The Wall Street Journal's Min Zen writes that DoubleLine [profile] founder Jeffrey Gundlach saw his Total Return Bond Fund suffer outflows of $580 billion in July and his fund posted a net outflow of $1.3 billion this year through the end of last month. And ah, how quickly the tides turn for Bill Gross, who was reportedly bouncing back from spring outflows just a few days ago, giving investors 0.47 percent in returns. Pimco [profile] Total Return Fund had $7.5 billion in net outflows in July, marking the third straight month of outflows, Zeng writes. To read more, click here. Printed from: MFWire.com/story.asp?s=45286 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |