Pimco posts $12.59 billion of net outflows across its open-ended funds in November

NEW YORK (Reuters) - Pacific Investment Management Co posted net outflows of $12.59 billion across its open-ended funds in November, down considerably from $48.3 billion of netflows the previous month, according to Morningstar data on Wednesday.

So far this year, Pimco, a unit of Allianz SE , has seen net outflows of $121.73 billion across its open-ended funds, Morningstar added.

(Reporting By Jennifer Ablan)