Pimco Leads Protecting Against Inflation: Riskless Return

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April 23 (Bloomberg) -- Mihir Worah decided it was time tobet on rising consumer prices in Nov. after TIPS were on trackfor worst yr on record; now TIPS are rebounding and Worah’s$15.2b Pimco Real Return Fund is benefiting from type of timelycall that produced best risk-adjusted result among inflation-protected funds over past 5 yrs, according to the BLOOMBERGRISKLESS RETURN RANKING.

* “The selloff had gone too far and the market was pricing in