Correction to Allianz Pimco Story on Friday
July 05 2014 - 5:26AM
Dow Jones News
"Allianz Expects Pimco to Return to "Historic" Flows in 2014,"
at 1335 GMT, misstated the percentage the Total Return Fund makes
up of Pimco's portfolio in the fifth paragraph. The error also
appeared in a flash headline "Allianz CFO: Total Return Fund Is
Only 30% Of Pimco Portfolio" at 1222 GMT. Mr. Wemmer said Pimco has
always had some outflows in the past. The Total Return Fund--the
world's largest bond fund--makes up only 12% of the portfolio, not
30%.
Subscribe to WSJ: http://online.wsj.com?mod=djnwires