Back in Feb I predicted that Gross’s new fund would raise $5b (and it didn’t so I had to buy Jake at EconomPic dinner and beers). However, it was the most successful launch in 2012 and has garnered nearly $4b in assets. (Out of 165 launches and 95 closures.)
The rest of the class? Almost all bond funds. Lots more to come in 2013…
From IndexU article:
