Pimco No Longer Bleeding Assets Out The Ass: Pimco CIO


That, and performance is reportedly up since whathisface left the building.

Dan Ivascyn, who replaced Bill Gross as Pimco's chief investment officer, said on Tuesday that net cash outflows from various funds have tapered off significantly, and performance has improved since Gross' exit in late September. "We've been very stable in implementing our investment process from the first day of Bill's departure," Ivascyn said. "From that perspective, we’ve been in very good shape."

Pimco CIO says outflows slow, performance up since Gross exit [Reuters]