Quotes from the news wire:
An advisory firm which pulled client assets from the Pimco Total Return Fund after Bill Gross left and parked the money in a bond index fund allocated part of the proceeds last month to the DoubleLine Core Fixed Income Fund, so I guess you could call it a delayed 'Newport Beach effect'.
Found on Reuters 9 years ago
The waves coming out of Newport Beach have diminished, we are happy to see increasing interest in our newer strategies, including the DoubleLine Flexible Income Fund.
Found on Reuters 9 years ago
Our net inflow in February 2015 across all DoubleLine open-end funds was more than three times the average monthly net inflow in 2014 through August - the last full month before Bill Gross left Pimco, our two largest intermediate-term bond funds, DoubleLine Total Return Bond and DoubleLine Core Fixed Income, continue to see a large volume of subscriptions from investors moving out of Pimco Total Return Bond Fund as well as other investors.
Found on Reuters 9 years ago
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