Salient to Investors:

  • Kurt Brouwer at Brouwer & Janachowski said Pimco have mishandled their corporate decisions but from a money-management perspective he has no issue with Pimco.
  • Pimco’s Total Return Fund is on track to underperform a majority of rivals for the third year in four.
  • Sanford Bernstein said Gross’s departure may mean asset withdrawals of 10 percent to 30 percent for Pimco.

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