- A DRAG ON OIL & GAS PRODUCERS
- A TOP RANKED CORE PLUS BOND FUND
- UPSTREAM CAPITAL SPENDING BEGINS DECLINE
With $41 billion of outflows in the first half, the struggles of PIMCO Total Return (PTTAX 11 ***) to retain assets since the departure of Bill Gross is worthy of attention. However, there are 73 other long-term (non-money market) portfolios that saw shareholders pulled $1 billion or more out in the first six months, according to Lipper. Below we look at some of these funds as well as the asset management families that experienced the most pain this year.
PIMCO as a firm had $60 billio...