A Reuters report quoted Pimco Co-Founder and Co-Chief Investment Officer Bill Gross as saying "I'm so sick of Mohamed trying to undermine me" but a Pimco spokesman denied Gross made the statement, Reuters reported.
Bill Gross
Breaking News
The Pimco Total Return Fund lagged behind 71% of its peers in February after rebounding from an annual loss of 1.92% last year, Reuters reported.
Pimco Total Return Fund, the biggest bond fund in the world, increased its US government-related holdings in December to 45% from 37% in November, Reuters reported.
According to a data shown by fund research firm Morningstar, PIMCO Total Return Fund marked its weakest monthly performance last June.
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