2014-09-29cnn.com

``According to Morgan Stanley (MS), investors could yank a whopping $400 billion of assets from Pimco following the surprise exit of Gross on Friday. Morgan Stanley based that huge figure on the 6% drop in the share price of Pimco parent Allianz The investment bank said in a report Monday that implies a loss of around 20% of the Pimco's total assets.''



Comments: Be the first to add a comment

add a comment | go to forum thread