Pimco became the best-selling active asset manager in the first half of this year, less than three years after the departure of star fund manager Bill Gross saw its total assets fall by a third.
But in a change of fortunes the bond specialist attracted almost $50bn to its funds in the first six months this year, the Financial Times reports.
It now manages $1.6trn, Morningstar data shows.
Its net inflows trail BlackRock and Vanguard, but is the best-selling manager without a significant passive fund range. It is followed by Amundi.
The bulk of inflows went to the $130bn Pimco Income fund, which is managed by Dan Ivascyn and became the largest actively managed bond fund earlier this year. In the US the fund drew in $15bn while total net flows for Pimco’s US business totalled $12bn.
Gross, who founded Pimco, quit the firm in September 2014 to join Janus Capital where he manages the Global Unconstrained Bond fund and related strategies.
The Pimco Total Return fund, which he ran, saw $119.4bn of outflows following his departure.