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Schwab phones (at least some) Private Client customers to advise dumping PIMCO Total Return fund

Funds under Schwab discretion exited the Bill Gross fund three weeks ago

Author Brooke Southall October 21, 2014 at 12:07 AM
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'Chuck' is advising a move to lower-expense ratio funds and stable management teams.


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Vanguard Group shows up as 'alpha' disciple with two new fixed-income fund launches as it surpasses PIMCO's $2 trillion with ex-Goldman Sachs partner now calling the shots

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