Fixed-income specialist Pimco is preparing a marketing push around a series of actively managed funds that will track a new set of investment grade bond indices that the fund manager developed last year.
The firm is establishing funds on its US and Dublin platforms, although it can replicate these in other jurisdictions if there is client demand. The index calculations began this week and Pimco will launch the US version on February 15, soon followed by the Dublin-based one which is marketable to investors in Asia-Pacific.
"The index funds will promote the concept of the ...