Investec and PIMCO close global bond mandates as assets fall

Investec assets fall to £80m

clock • 2 min read

Investec Asset Management is closing its Global Bond fund, while PIMCO is closing a sister fund to its $8.3bn GIS Global Bond fund, following falls in assets under management.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Daniel Flynn
Author spotlight

Daniel Flynn

View profile
More from Daniel Flynn

Diversity Blog: European financial services firms failing on gender diversity

Regulation Blog: Bitcoin to become more trackable under EU plans

More on Bonds

Mike Bell: Watch out for debt and currency devaluation
Bonds

Mike Bell: Watch out for debt and currency devaluation

Gold to benefit

Mike Bell
clock 08 September 2025 • 4 min read
Global bond markets sell-off highlights worldwide fiscal concerns
Bonds

Global bond markets sell-off highlights worldwide fiscal concerns

Flood of issuance also contributing

Patrick Brusnahan
Patrick Brusnahan
clock 03 September 2025 • 3 min read
Partner Insight: Markets hold steady amid uncertainty
Bonds

Partner Insight: Markets hold steady amid uncertainty

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund, provides an overview of the macroeconomic environment and outlines his views across the strategy’s main alpha sources. Despite geopolitical tensions and economic concerns, market sentiment remains resilient, with short-lived volatility spikes and credit spreads rallying in recent weeks. Against this backdrop, he highlights why his highest conviction forex position is a short US dollar against a basket of emerging market currencies.

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund
clock 22 July 2025 • 5 min read
Trustpilot