PIMCO has launched a Global Multi-Asset fund for chief executive Mohamed El-Erian.
El-Erian, also co-CIO at the world's biggest bond house and a well-known financial commentator, oversees investment policies and strategies for all of the company's portfolio management activities. His new fund, which launches today, will invest across a range of equities, bonds, commodities, real estate and inflation-linked bonds, aiming to deliver returns in the face of the challenging economic environment. The fund will also look to manage risk by hedging investment strategies using internal funds, individual securities and ETFs across the asset class spectrum. El-Erian will be ...
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