Three more upcoming funds from
Pimco just came to light. On June 5 the Newport Beach, California-based fixed income manager
filed to launch two new inflation-indexed-bond funds, and on June 8 Pimco followed up by
filing for an emerging markets and infrastructure-focused fund.
The moves fit into a strategy of "playing offense" articulated last week by Pimco CEO
Mohamed El-Erian, following closely on the heels of the launch of Pimco's new ETF platform and its first ETF, the
Pimco 1-3 Year U.S. Treasury Index Fund (see
MFWire,
6/2/2009 and
6/3/2009).
The proposed
Pimco Real 2019 Fund and the
Pimco Real Income 2029 Fund would both invest in inflation-indexed U.S. Treasury bonds while maturing in their respective dates, with
Gang Hu serving as portfolio manager. Executive vice president
Brigitte Posch, part of the emerging markets portfolio management team, would helm the proposed
Pimco Emerging Markets and Infrastructure Bond Fund. 
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