WWK Special Alert

Special Alert 
Bill Gross Leaves PIMCO





CNBC reported this morning that Bill Gross, the Chief Investment Officer of PIMCO, is leaving effective immediately. Mr. Gross founded PIMCO over 40 years ago, and has helped build the largest bond fund management company in the world. Mr. Gross leaving PIMCO was unexpected and sudden news to the investment community.

Throughout the year, the WWK investment team continually monitors and analyzes the performance and managers of all the investment management groups that we utilize.  We are diligently working to determine the anticipated effect on the Total Return Fund (which he managed directly) as well as the rest of the firm.

Click on this link to read the entire story from CNBC.com.
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