PIMCO has launched the PIMCO Emerging Markets Full Spectrum Bond Fund (PFSIX), which it touts as a "one stop" fixed income strategy to bet on investment opportunities in the developing world.
The fund is managed by Michael Gomez, Managing Director and co-head of PIMCO's global emerging markets portfolio management team.
"Many fast-growing emerging markets offer investors a range of choices, such as undervalued currencies, attractive yields in local bond markets, the improving credit quality of sovereign debt or the higher yields of corporate bonds, but identifying and capturing the best opportunities requires a dynamic asset allocation framework and robust risk management," stated Gomez.
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