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Latest News

Pimco Clients Withdrew $3 Billion From Total Return Last Month

– Investors pulled money from Pimco’s flagship fund last month, the 26th straight month it has experienced redemptions.

Launching Exchange-Traded Funds In an Evolving Marketplace

Gross Gets Co-Manager as Janus Capital Acquires Kapstream

Managing Global Markets and Products

Lord Abbett Follows BlackRock Proposal for Internal Fund Lending

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Commentary

Pimco's Total Return Reports $27.5 Billion of Withdrawals

The Pimco Total Return Fund suffered an estimated $27.5 billion of withdrawals in its first full month after the Sept. 26 departure of Bill Gross, its worst month ever for redemptions.

BlackRock Says ETFs Aided Bond Market Stability After Gross Exit

BlackRock, the world’s largest provider of ETFs, said the products acted as “shock absorbers” after Bill Gross’s unexpected exit last month from Pimco.

Pimco Is Replaced by BlackRock at $6.16 Billion Prudential Fund

Pimco seeking to stem redemptions after its co-founder Bill Gross left unexpectedly, was dropped as manager of a $6.16 billion strategy offered by a unit of Prudential Financial.