pimco

THE BIQ QUESTION

The most read story on Investment Week's website this week concerned outgoing fund manager Neil Woodford and how Invesco Perpetual is moving to protect investors in his funds.

Bill Gross' Pimco Total Return fund has lost its position as the largest mutual fund in the world after investors pulled over 13% of assets from the fund since the summer.

Our best read story this week was Halloween-themed, as we revealed the ten scariest stocks in the UK, guaranteed to give you nightmares.

ON BONDS

Aberdeen Asset Management has confirmed rumours it is in talks to buy Scottish Widows Investment Partnership (SWIP) in a deal which would make it the largest listed fund management firm in Europe.

The US government shutdown combined with growing concern over the country's debt ceiling have led to renewed fears US equity markets could sell off heavily if the impasse continues.

THE BIQ QUESTION

PIMCO, the world's largest bond house, lost its position as the best-selling fund group in Europe in the first half of the year.

The managers of PIMCO's $28bn income range have upped exposure to the US mortgage sector after May and June's sell-off.