In the Margins

PIMCO's alts funds a bright spot for bond firm

October 8, 2015

By BloombergBusiness

PIMCO has built an alternative investments funds business focused on real estate and distressed debt over the past 10 years, creating a bright spot in the firm's quest for profitability and growth. The Newport Beach, Calif., firm has more than $24 billion in hedge funds and private equity funds that are sold only to institutional investors. They have become increasingly attractive as the 30-year bond rally comes to an end. Read the original story from BloombergBusiness

 

 

Most Read

Top of the Agenda - Governance
Directors: Focus on prospectus for ESG funds

Environmental, social, and governance investing has been a huge topic of discussion in the mutual fund industry over the past several years, including in fund boardrooms. ...