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FYI: (Click On Article Title At Top Of Google Search) Move, including the departure of its chief investment officer of global equities, is the latest setback for the firm in stock investing. Regards, Ted https://www.google.com/#q=Pimco+Pulls+Out+of+Stock+Strategies+wsj
"The new Pimco strategies will be based on indexes created by Research Affiliates. The firms aim to boost returns and protect from volatility by rating companies based on their size and other economic factors, rather than the price of the security. Under these strategies, the firms will invest directly in stocks rather than in derivatives, as Pimco has used in its funds with Research Affliliates in the past."
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"The new Pimco strategies will be based on indexes created by Research Affiliates. The firms aim to boost returns and protect from volatility by rating companies based on their size and other economic factors, rather than the price of the security. Under these strategies, the firms will invest directly in stocks rather than in derivatives, as Pimco has used in its funds with Research Affliliates in the past."
pimco-plans-a-push-into-stocks
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