Plugging the flow of asset withdrawals from Pimco proved difficult in October, as investors took back $27.5 billion from the flagship Total Return Fund during the month.
Pimco's AUM dissapearing
The decline in assets under management was the largest outflow in the fund’s history. Famous for investing in bonds, the fund once boasted $298 million under management on April 2013 and now has $170.9 billion after 17 straight months of withdrawals.
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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