PIMCO has announced the launch of the Global Investor Series (GIS) Emerging Markets Opportunity fund, which has the ability to invest across a wide range of emerging markets fixed income securities.
Pramol Dhawan, managing director and head of the emerging markets portfolio team at PIMCO, will be managing the fund. The launch, the latest in the UCITs-compliant GIS fund range which currently consists of 61 sub-funds with $158.6bn under management (as of 31 March 2019), aims to provide investors with a stable stream of returns throughout a full market cycle, which differs from more traditional emerging markets beta strategies, while also reducing potential volatility. PIMCO ESG head Amey retires The Emerging Markets Opportunity fund may invest in hard or local currency debt, non...
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