PIMCO to launch raft of equity funds

PIMCO is continuing its expansion into equities with a number of new funds.

The first product to be launched will be a blended credit and equity product overseen by co-CIO Virginie Maisonneuve and head of corporate bonds Mark Keisel. Other products mooted under consideration include global growth, global long/short, and small cap. "We are very excited about a product I have wanted to do for a number of years - a hybrid product where we go and say ‘we like company X, do we want the equity or the bond?'" Maisonneuve (pictured) said. "We have been successful in launching credit products that can invest in a small amount of equity. Ideally we would take that t...