PIMCO unveils credit strategy

Mon Nov 14, 2011

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US-based fixed-income investment firm PIMCO has launched a UCITS credit strategy for investors seeking a global, diversified exposure to credit that is focused on absolute return and not constrained by a benchmark.

The PIMCO GIS Credit Absolute Return Fund is managed by Mark Kiesel, a managing director and global head of corporate bond portfolio management.

Mark Kiesel from PIMCO

The fund seeks out long-term, strategic investments as well as shorter-term tactical opportunities in an effort to provide positive returns in any market environment, according to a statement from PIMCO.

It is designed to enable investors to diversify their fixed...

ISSN: 2151-1845 / CDC10004H

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