Pimco had $5 billion of Inflows Last Month

PIMCO had $5 billion of Inflows Last Month

Pimco had about $5 billion in third party inflows last month, roughly the same as in the fourth quarter. Pimco is reported to have its second consecutive quarter of inflows in the final three months of last year and highest operating profit since third quarter of 2014.

“Pimco had about $5 billion in third party inflows last month, roughly the same as in the fourth quarter.”

~ Bloomberg

Pimco’s assets has declined by about a quarter from their peak ever since the departure of co-founder Bill Gross in 2014. However, that trend has changed in the third quarter of last year with clients adding 4.7 billion euros. Third party inflows then increased to 5.9 billion euros in the fourth quarter.

Related Reports: Bloomberg

 

About PIMCO 

PIMCO is a global investment management firm with a singular focus on preserving and enhancing investors’ assets.We manage investments for institutions, financial advisors and individuals. The institutions we serve include corporations, central banks, universities, endowments and foundations, and public and private pension and retirement plans. We also serve advisors and individuals set on personal financial goals, from preparing for retirement to funding higher education.

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