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.”
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.”
