Allianz CFO backs PIMCO's Gross despite outflows

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Allianz CFO backs PIMCO's Gross despite outflows

Dieter Wemmer, CFO of Allianz, says he backs the "strong" team at PIMCO, and in particular Bill Gross, as investors continued to pull money out of his fund.
04:34
Fri, Aug 8 20141:45 AM EDT