Pimco adds two new funds to global equities platform
imco has launched two new actively managed sub-funds as part of its Global Investor Series fund range.
The Pimco dividend and income builder and EqS dividend funds will be managed by Brad Kinkelaar and Cliff Remily, both of whom are executive vice-presidents and portfolio managers at the firm.
Fixed income positions in the dividend and income builder fund will be managed by Eve Tournier, also an executive vice-president and portfolio manager.
“We believe a global focus provides the best potential for dividend investors as many attractive dividend-paying companies are often found outside the US and can provide investors with a broader range of income options than a US-only portfolio,” says Kinkelaar.
The launch brings the number of sub-funds in the Global Investor Series fund range to 46 with £55 billion in assets under management.