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Rating:Pimco Plans to Add Money Market Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, January 22, 2009

Pimco Plans to Add Money Market Funds

by: Neil Anderson, Managing Editor

Two new money market funds are on the way from Pimco. Bloomberg's Miles Weiss reports that the Newport Beach, California-based fixed income specialists filed last week to launch the Treasury Money Market and Government Money Market funds, to be managed by Short-Term Fund manager Paul McCulley. Bloomberg puts the move in the context of the 25-percent increase in money fund assets last year. 

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