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Pimco's Ivascyn Takes On Gross With Unconstrained Fund

FYI: Daniel Ivascyn, Pacific Investment Management Co.’s new Group Chief Investment Officer, is about to go head to head with Bill Gross in the fastest-growing segment of fixed income: unconstrained funds.
Ivascyn, who was named Pimco’s investment chief on Sept. 26 after his old boss abruptly quit, was also appointed as one of the three portfolio managers on the $21.6 billion Pimco Unconstrained Bond Fund. (PUBAX) Gross will run a startup unconstrained fund for his new employer, Denver-based Janus Capital Group Inc.
Regards,
Ted
http://www.bloomberg.com/news/print/2014-09-29/pimco-s-ivascyn-takes-on-gross-with-unconstrained-fund.html

Comments

  • @Ted Thanks for picking up Bloomberg as well in your morning news sweep
  • That has been an uninspiring fund since inception. Maybe Ivascyn can turn this around. I am still insure about these unconstrainded funds.
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