Total Return Fund records largest redemptions in its history on Gross exit
Firm says it can manage outflows successfully.
The world's biggest bond fund recorded its largest outflows in history last month, with investors withdrawing $23.5 billion from the Pimco Total Return fund (PTTAX) as manager Bill Gross left the firm he cofounded in 1971.
The withdrawals would leave the fund with about $198 billion in assets, accor
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