Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

30768

PIMCO launches PIMCO GIS Emerging Markets Opportunity Fund

RELATED TOPICS​

Fixed income investment firm PIMCO has launched the PIMCO GIS Emerging Markets Opportunity Fund, which applies a flexible approach to invest in a wide range of fixed income securities issued by companies or governments economically tied to emerging market countries.

It aims to provide diversification benefits, while reducing volatility and providing investors with a more stable stream of returns over a full market cycle compared to traditional emerging markets beta strategies. 

The fund is managed by Pramol Dhawan (pictured), Managing Director and Head of the Emerging Markets Portfolio Management team. 
 
Designed to access opportunities across different emerging market segments, the fund may invest in hard or local currency debt, investment grade and non-investment grade securities as well as emerging markets currencies. 

Dhawan says: “Emerging markets debt is an inherently inefficient asset class due to factors such as incomplete information, periods of diminished market liquidity and relative value distortions. We aim to harness these inefficiencies by capturing most of the upside potential of the asset class while limiting the downside.” 

Ryan Blute, PIMCO Managing Director and Head of Global Wealth Management EMEA, adds: “We believe that this strategy can play an important role in an investor’s portfolio in several respects: as a core emerging market bond allocation, a complement to existing emerging market exposure or as part of a broader global credit portfolio.”
 
PIMCO GIS Emerging Markets Opportunity Fund is accessible in a variety of share classes in different currencies, depending on client requirements. PIMCO’s UCITS-compliant Global Investor Series (GIS) fund range comprises 61 sub-funds with USD158.6 billion under management as of 31 March 2019. With daily liquidity, investors can gain exposure to a broad range of asset classes, from the more traditional global and regional core fixed income funds, through credit portfolios, to expanding equity, asset allocation and alternative solutions.

Latest News

Data provider Preqin has published its Deal Flow Monitor: Q1 2024 report, examining trends in..
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according..
Octopus Investments (Octopus) has announced it has launched a Natural Capital Strategy...

Related Articles

Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by