PIMCO unveils global multi-asset inflation fund

PIMCO has launched an Inflation Strategy fund for Mihir Worah in response to the threat of rising inflation across the globe.

The new fund will be part of the UCITS-compliant Global Investor Series (GIS) range. The aim of the product is to hedge global inflation risks and target enhanced real returns by actively managing the asset allocation and underlying investments. It will also use tail risk hedging strategies to limit the impact of severe market shocks. The PIMCO GIS Inflation Strategy fund will invest in a range of real assets such as global inflation-linked bonds, commodities, emerging market currencies, global real estate investment trusts, and gold. Worah, who is head of the real return portfolio...