FYI: In the flurry of legislation that followed the Global Financial Crisis, regulators in the U.S. and elsewhere placed new capital requirements on banks, insurance companies, and other financial institutions. Now PIMCO, a global leader in fixed-income investing, has launched a fund to take advantage of these so-called “capital” securities: The PIMCO Capital Securities and Financials Fund (PFANX).
Regards,
Ted
http://dailyalts.com/new-pimco-fund-seeks-capitalize-regulatory-requirements/
