pimco launches AR fund using best credit ideas
Pimco has launched a credit-based absolute return fund to be run by Mark Kiesel.
Pimco has launched a credit-based absolute return fund to be run by Mark Kiesel.
The investment question du jour should be can you solve a debt crisis with more debt?”, says Bill Gross, managing director at PIMCO.
Emerging Market sovereign debt should increasingly be seen as a defensive play because of the countries’ low budget deficits compared to developed nations, according to Pimco.
Pimco has added five new senior hires to its emerging market equity team across its London, New York and Singapore offices.
PIMCO has expanded its Select fund range to include the PIMCO Select Global Multi-Asset fund.
Pimco Source has weighted its newest emerging market ETF so it is biased towards a country’s GDP rather than any market cap indicator.
European fund sales struggle into positive territory as investors withdrew from equity funds.
Pimco says liquidity investors should not cash out now following the US debt downgrade.
Bill Gross believes the US debt crisis highlights the uncertainty of its future growth prospects.
AllianceBernstein is the latest fund house to offer a multi-asset approach to emerging markets.
Capital Economics’ John Higgins suggests that the recent spike in US Treasury prices can continue.
Debt managers from Baillie Gifford, Pimco, and Henderson have left jobs for other industry roles.