PIMCO Battered but Far From Broken
Significant outflows have stymied the fund company, but the firm's depth of resources and shift to a more collaborative culture are reasons to be optimistic.
Christine Benz: Hi, I'm Christine Benz for Morningstar.com. Morningstar's analysts have been re-evaluating PIMCO in the wake of Bill Gross' departure in late 2014. Joining me to discuss PIMCO's corporate culture in a post-Bill Gross world are two of Morningstar's lead analysts on PIMCO, Sarah Bush and Michael Herbst.
Sarah and Michael, thank you so much for being here.
Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.