Pimco Strongly Outperforms Peers, Suffers Capital Outflows Anyway. Another Example of Why Your Performance Doesn’t Really Matter.

Taking Investors’ Temperature, February 2016

Pimco’s Total Return Fund has suffered continuous outflows since the sudden departure of Bill Gross in September 2014 despite strong performance. Previously, Pimco overall had strong net capital flows at the firm despite historically poor performance at its flagship fund (as we discussed in our January 2015 Investors’ Temperature). Pimco’s experience during both these periods illustrates Chestnut’s bedrock belief, backed by our market research: investor trust, not manager performance, is the primary driver of net asset flows.

Screen Shot 2016-03-08 at 8.23.25 AM

Read the entire newsletter here

Trust, But Verify: Best Practices for Communicating About Operating Risk

Taking Investors' Temperature, September 2015

Best Practices For Putting Your Fund In (Or Staying Out Of) The Headlines

Taking Investors' Temperature, June 2015

Investor Education Efforts Yield Top Grades for Hedge Funds

Taking Investors’ Temperature, March 2015

How PIMCO Handled An Investor Education Challenge in the Best Possible Way

Taking Investors’ Temperature, February 2015