Pimco regains title of managing biggest active bond fund

April 4, 2017 By Trevor Hunnicutt NEW YORK (Reuters) – Pacific Investment Management Co regained its perch as the manager behind the world’s largest actively managed bond fund, data from the asset manager showed on Tuesday. The Pimco Income Fund grew to $79.1 billion in March, the fund manager said, a figure that tops the TCW Group Inc’s once-largest $78.9 billion MetWest Total Return Bond Fund. The achievement is a milestone for Pimco, whose assets were shaved after the acrimonious 2014 departure of founder Bill Gross. Low-cost shares of the…

Read More