MutualFundWire.com: While Others Reel, This Fund Wins Big from the Fannie-Freddie Drama
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Wednesday, September 10, 2008

While Others Reel, This Fund Wins Big from the Fannie-Freddie Drama


Much of the fund news stemming from the government's takeover of Fannie Mae and Freddie Mac has been about which funds had placed the wrong bets. In Wednesday's Wall Street Journal Fund Track, Daisy Maxey took a look at the other side. Winning big was Pimco's Total Return Fund, which angled its holdings of the two firms' mortgage-backed debt to profit from a bailout.


Printed from: MFWire.com/story.asp?s=19273

Copyright 2008, InvestmentWires, Inc.
All Rights Reserved
Back to Top