Economics

PIMCO Worried That The Total Return Assets May Fall Below $100 Billion

FOX Business Network’s (FBN) Charlie Gasparino reports that PIMCO executives are worried “that the Total Return Fund is going to hit a benchmark” and “go below a hundred billion dollars in assets.” Gasparino went on to report that this “could happen in the coming weeks.”

PIMCO Worried That The Total Return Assets May Fall Below $100 Billion

On whether PIMCO executives are worried that the Total Return Assets will dip below $100 billion:

“We are getting this from people inside PIMCO and what they are worried about is that the Total Return Fund is going to hit a benchmark…and that’s for the first time probably in about 15 or 20 years go below a hundred billion dollars in assets, below that number – and that number from what we understand could happen in the coming weeks.”