Hedge Fund News From HedgeCo.Net

Bill Gross’s Slumping Fund Sees $580 Million of Outflows This Year

(Bloomberg) Investors pulled a total of about $580 million from Bill Gross’s bond fund in the first half of this year and he turned in the worst performance among his peers during the period. June marked the fourth straight month of withdrawals for Gross’s Janus Henderson Global Unconstrained Bond Fund and the outflows dragged assets down to $1.48 billion, according to Bloomberg estimates. The go-anywhere fund declined 6.3 percent this year through June.

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