US asset manager Pimco's GIS Income fund has again become the first in the ranking of Europe's largest open-end funds after losing its status to AP7's Aktiefond in August, reports Morningstar.
In August, AP7's equity fund replaced Pimco's GIS Income as the first in the ranking of Europe's largest open-end funds, but in September, Pimco's fund became again Europe's largest open-end fund as AP7's Aktiefond suffered losses because of market depreciation effects
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