Top-performing global bond fund managers are sticking with long-term bets against the U.S. dollar even as the currency has rallied more than 4 percent since the end of last month.

From Bill Gross, who runs the $241 billion Pimco Total Return Fund (PTTRX), to Anthony Norris, whose Wells Fargo Advantage International Bond Fund has $1.8 billion, the investors are convinced that the greenback will lose ground against a range of currencies in emerging markets and selected developed countries such as Australia and Norway.

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http://www.bloomberg.com/news/2011-05-24/u-s-dollar-unloved-by-global-bond-managers-with-eyes-for-emerging-markets.html