Pimco Is Already Laying The Groundwork For A Number Of New Actively Managed ETFs
April 2nd, 2012
According to CNNMoney, “Bill Gross, who manages the Total Return ETF (NYSEArca:TRXT) as well as the flagship $250 billion mutual fund (PTTRX) that it seeks to mimic, said he’s been pleased with the performance of the ETF and that Pimco is already laying the groundwork for “a number of” other actively managed ETFs.
“We’re not going to rest on this one,” he told CNNMoney, during an interview in Pimco’s Newport Beach, Calif., headquarters.
See the full CNNMoney Article: HERE
The Euro’s Demise Has Been Set in Motion: Are you protected?
"Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors."
CLICK HERE to get your Free E-Book, “Why It’s Curtains for the Euro”
Most Comments