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3 years ago
Pimco's Emerging Market bond funds post record total outflow of $5.8 bln ytd
December 17, 2014 / 4:36 PM / 3 years ago

Pimco's Emerging Market bond funds post record total outflow of $5.8 bln ytd

NEW YORK, Dec 17 (Reuters) - Pimco, the biggest emerging market bond portfolio manager in the world, posted a record total outflow of $5.8 billion from its emerging market funds so far this year ended November, according to Morningstar data on Wednesday.

The year-to-date figure easily surpasses 2013's total outflow of $2.0 billion, mutual-fund data provider Morningstar said.

Reporting By Jennifer Ablan

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