Pimco launches retail fund range in the UK

Pimco is bringing two of its giant institutional funds into the UK retail space for the first time with the launch of a new product range.

The Pimco Select range will be launched via Aegon’s investment platform, and later added to the other major fund supermarkets. The first two products to be added to the Select range are the Global Bond fund, managed by Scott Mather, and the UK Corporate Bond fund, managed by Luke Spajic. Joe McDevitt, managing director and head of Pimco’s UK business, says: “The insurance and unit-linked markets are the largest and fastest growing segments of the pooled funds market in the UK and the launch of Pimco Select marks an important development for us in extending our investment management ex...