January 10, 2012 at 09:48 AM EST
The old abnormal: How even PIMCO’s Bill Gross can err
n”>Jan 6 (Reuters) – No matter what theme you adopt in a market forecast, predictability has always been a bugaboo. Just ask Bill Gross, the legendary manager of the PIMCO Total Return bond fund. Gross’s $244 billion baby saw at least $5 billion in assets flee in 2011, more than $1.4 billion in the fourth [...]
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