MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, June 12, 2009 Pimco TIPS its Hat to Emerging Markets 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. Printed from: MFWire.com/story.asp?s=21790 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |