{"id":746,"date":"2014-10-06T06:53:25","date_gmt":"2014-10-06T06:53:25","guid":{"rendered":"http:\/\/www.asadkarim.co.uk\/?p=746"},"modified":"2014-10-06T06:53:25","modified_gmt":"2014-10-06T06:53:25","slug":"the-pimco-total-return-fund","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=746","title":{"rendered":"The Pimco Total Return Fund"},"content":{"rendered":"<p>In the media is a news that Bill Gross, the highly acclaimed bond fund manager is leaving Pacific Investment Management Corporation [<a title=\"PIMCO\" href=\"www.pimco.com\" target=\"_blank\">www.pimco.com<\/a>] to join Janus Capital.<\/p>\n<p>[<a title=\"BBC News PIMCO\" href=\"http:\/\/www.bbc.co.uk\/news\/business-29495997\" target=\"_blank\">http:\/\/www.bbc.co.uk\/news\/business-29495997<\/a>]<\/p>\n<p>The Pimco Total Return Fund that was run by Bill Gross and currently has over US$200bn under management<\/p>\n<p>[<a title=\"Total Return Fund Financials\" href=\"http:\/\/www.google.co.uk\/finance?cid=246009576812464\" target=\"_blank\">http:\/\/www.google.co.uk\/finance?cid=246009576812464<\/a>]<\/p>\n<p>Nearly 19% of the $200bn is held in US Treasury 10 Year Bonds. One way of looking at major investment is total faith in the US Treasury&#8217;s ability to repay its debts.<br \/>\n(that is $40bn exposure).<\/p>\n<p>What is curious, is that in the past 16 months $68 billion has been pulled out of the fund, a sign that the fund has not been performing, and more importantly with Bill Gross (aka The Bond King) leaving, almost certainly more money will be withdrawn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the media is a news that Bill Gross, the highly acclaimed bond fund manager is leaving Pacific Investment Management Corporation [www.pimco.com] to join Janus Capital. [http:\/\/www.bbc.co.uk\/news\/business-29495997] The Pimco Total Return Fund that was run by Bill Gross and currently has over US$200bn under management [http:\/\/www.google.co.uk\/finance?cid=246009576812464] Nearly 19% of the $200bn is held in US [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-746","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=746"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/746\/revisions"}],"predecessor-version":[{"id":747,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/746\/revisions\/747"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}