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PIMCO launches fixed income, currency fund

Posted on 06 February 2009

From Reuters: Pacific Investment Management Co said it will launch a new global fixed-income and currency fund on Thursday, underscoring investors’ appetite for comprehensive diversification and downside protection.

The fund from PIMCO, which is the world’s biggest bond investment manager, will invest in a broad range of currencies through foreign-denominated debt and plain currency exposure as well as fixed-income securities and instruments, such as corporate bonds and inflation-protected bonds….. Full Article: Source


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