Major PIMCO Outflows Expected Following Departure of Bill Gross

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Pimco Global Investments

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Major PIMCO Outflows Expected Following Departure of Bill Gross

Shauna O'Brien Sep 29, 2014



PIMCO to See Significant Outflows


On Friday, there was $500 million withdrawn from the firm’s Total Return Fund and billions of outflows from other funds. The firm is now preparing to see total outflows of as much as $60 billion.

Some advisors are now expecting investors to switch from PIMCO to the Janus Global Unconstrained Bond Fund (JUCAX) that Gross will be managing as of October 6, 2014.

Below is a quick look at the two aforementioned funds:


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