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
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