PIMCO ETF Saw Outflows Prior to Gross’ Resignation
September 29, 2014 at 08:00 AM EDT
Investors pulled nearly $11 million from the PIMCO Total Return ETF (NYSEArca: BOND), the actively managed ETF formerly managed by Bill Gross, the day before Gross shook the bond world by announcing his departure from the firm he founded. Investors pulled $10.9 million from BOND last Thursday,...