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.”
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
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