American investment management firm Pimco has unveiled a new multi-asset income fund, Pimco GIS Strategic Income fund.
The new fund will be managed by Daniel Ivascyn, Brad Kinkelaar and Alfred Murata, according to Fundweb.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Based in firm’s Newport Beach office, Ivascyn is currently the head of Pimco’s mortgage credit portfolio management team and Kinkelaar is head of the dividend team, while Murata is a portfolio manager on the mortgage credit team.
The fund follows a global multi-sector strategy with portfolio construction based on a broad range of bonds and equities. It is currently being offered to investors in euro, dollar, and sterling share classes.
Nearly 50% of the Pimco GIS Strategic Income Fund will be invested in fixed income, including bonds and debt securities issued by governments, public-sector entities, corporate debt and mortgage-backed and other asset-backed securities, while 40% of the portfolio will be in bonds that are economically tied to emerging markets.
Additionally, the fund will invest across the cap spectrum with respect to its equity holdings without any particular sectoral or geographical focus.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataPimco said: "The fund’s approach to equity and fixed income securities selection incorporates Pimco’s global macroeconomic views, equity and fixed income investment expertise and experience across a wide range of investment instruments. The fund’s equity and fixed income assets are selected in a manner that reflects Pimco’s view regarding the attractiveness of key fundamentals, considering valuation, return potential and volatility."
