pimco

Developed countries cannot rely on emerging markets to bring global growth back to pre-credit crunch levels, says PIMCO's Bill Gross.

PIMCO has warned the global economy faces the threat of rising inflation, driven partly by central banks using it as a solution to fiscal deficits.

PIMCO's Mike Amey is orientating his fund towards shorter-dated bonds and cash in the view they provide better reward for the risks associated with the UK economy.

Swip's head of multi-manager Mark Harries has moved his portfolios towards absolute return bond funds as investors become jittery on some parts of the fixed income market.

PIMCO EQUITY MANAGERS DISCUSS STRATEGY

PIMCO has launched its two flagship active equity funds into the UK, focusing on deep value equity strategies.

The world's biggest mutual fund, Bill Gross' $220bn Pimco Total Return fund, increased exposure to emerging market debt to its highest level since 2008 and significantly boosted cash last month.