PIMCO has listed 23 funds across a number of IMA sectors, including the £20bn Total Return Bond fund in the Global Bond sector, managed by Bill Gross (pictured).
The funds appeared in the IMA Corporate Bond, Strategic Bond, High Yield and Global Bond sectors earlier this month and a number of funds in the group's GIS range and the entire PIMCO Select range are still to be listed. Within the Corporate bond sector, where the FSA has addressed concerns over liquidity, the PIMCO GIS Global Investment Grade Credit fund has been listed with AUM of £13.6bn, making it the largest fund in the sector and twice as large as the second biggest fund, the £6.5bn M&G Corporate bond fund. The 11 new additions to the Global Bond sector have pushed the average f...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
