Bonds: Pimco Launches Flexible Emerging Markets Fund

By | October 19, 2019

The new Pimco GIS Emerging Markets Opportunity Fund invests in emerging market debt securities with a flexible approach.
Pimco, one of the world’s leading bond managers, is offering a new investment vehicle, the Pimco GIS Emerging Markets Opportunity Fund. Through a flexible approach, this fund will invest in a wide range of bonds issued by companies or governments economically linked to emerging countries. comment défiscaliser en immobilier
The new fund aims to provide diversification benefits, reduce volatility, and provide more stable performance over a full market cycle compared to traditional beta strategies. It will be managed by Pramol Dhawan, managing director, responsible for the Emerging Markets portfolio management team.
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Driven to take advantage of opportunities in different market segments, the fund may invest in debt securities denominated in hard currencies or local currencies, in investment grade and non investment grade securities, as well as emerging currencies. “Emerging debt,” explains the manager, “is an inefficient asset class by nature, given, among other things, the lack of information, periods of less liquid markets and relative value distortions. We will seek to exploit these inefficiencies by capturing much of the upside potential of the asset class, while limiting downside. “
For Ryan Blute, managing director, EMEA head of global wealth management, this strategy can play an important role for investors, “as a base for emerging markets, to complement an existing exposure in these markets or as part of exposure to credit from a wider international portfolio “.
The Global Investor Series (GIS) range includes 61 daily liquidity compartments, with $ 158.6 billion under management (as of March 31, 2019). Pimco is a subsidiary of Allianz and employs over 2,600 professionals worldwide.