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Thursday, February 5, 2009 Pimco Rolls Out a Fixed Income and Currency Fund Pimco today will unveil its Global Advantage fund, which will invest in currencies and fixed-income securities, Reuters reports. The fund will be benchmarked against the Pimco Global Advantage Bond Index. The driver behind the launch, Pimco CEO Mohamed El-Erian told Reuters, "is the 'recognition that investors require an expanded tool kit to navigate these rapid changes in the global economy.'" Printed from: MFWire.com/story.asp?s=20671 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |