PIMCO unveils unconstrained MBS fund

Managed by Hyman, Murata and Anderson

Tom Eckett
clock • 1 min read

PIMCO has launched the PIMCO GIS Mortgage Opportunities fund, offering investors exposure to mortgage-backed securities (MBS).

The UCITS-compliant vehicle will employ an absolute return style strategy investing in a broad range of mortgage-related securities.  It will be managed by Daniel Hyman (pictured), Alfred Murata and Josh Anderson, charging an ongoing charging fee (OCF) of 1.59%. How has the perception of mortgage-backed securities changed since 2008? Due to the unconstrained strategy employed, the fund can allocate across a variety of sub-sectors in the global MBS market, while managing exposure to risk factors including interest-rate risk and credit risk. Hyman said: "Given the historically low...

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

More on Funds

Passive asset managers pick up steam in fund selector rankings

Passive asset managers pick up steam in fund selector rankings

Broadridge Fund Brand 50 Report

clock 26 March 2024 • 2 min read
Robeco expands emerging markets equity range with ex-China strategy

Robeco expands emerging markets equity range with ex-China strategy

More ‘balanced’ exposure to EM

Valeria Martinez
clock 26 March 2024 • 2 min read
Morningstar downgrades Fundsmith Equity due to 'wrongly timed' exits

Morningstar downgrades Fundsmith Equity due to 'wrongly timed' exits

Adobe, Amazon, Estee Lauder and PayPal

clock 25 March 2024 • 1 min read
Trustpilot