PIMCO expands equity product suit for Europe
PIMCO has launched three Fundamental Index StocksPLUS funds for European investors.
The three funds are: PIMCO GIS US Fundamental Index StocksPLUS Fund, PIMCO GIS Global Fundamental Index StocksPLUS Fund, and PIMCO GIS EM Fundamental Index StocksPLUS Fund.
All three will be managed by Marc Seidner, managing director at PIMCO, and sub advised by Research Affiliates. The funds are part of a broader StocksPLUS suite of strategies offered by PIMCO.
Seidner said: “The PIMCO Fundamental Index StocksPLUS strategies are designed to deliver meaningful equity market outperformance with similar risk through a unique approach that provides clients with two independent alpha sources: the Enhanced Research Affiliates Fundamental Index and the absolute return-oriented fixed income collateral portfolio managed by PIMCO.”