PIMCO GIS Income fund wins RSMR rating
RSMR analysts said the fund was «very actively managed» and the updated asset allocations changed to reflect economic and market conditions, take advantage of opportunities as they arise.
The company said the strategy is is «well suited» as a core holding in the global fixed income sector, with the firm's analysts describing the fund as «very actively managed» and a «risk-controlled expression of its best ideas».
RSMR also noted that the fund's updated asset allocations change to reflect economic and market conditions, taking advantage of opportunities as they arise.
PIMCO's portfolio managers are «usually very experienced», the firm said, and had often spent many years at the firm, emphasising the importance of consistency in the running of portfolios.
Invesco UK funds and Aviva multi-asset range earn ratings from RSMR
«Asset allocation is benchmark agnostic, the fund invests wherever the strategy sees the best value and risk reward metrics, subject to a 50% limit in high yield,» the firm said.
«A member of the risk management team works closely with the team offering insights on fund positioning and trades that might serve to improve performance and manage risk. The team works closely with sector specialists to determine the best way to gain exposure to specific sectors.»
RSMR also praised PIMCO for its central investment strategy and research capabilities, noting how its global advisory board — comprising academics, ex-politicians and retired central bankers — meet on a quarterly basis to discuss long-term market impacts as well as to evaluate their expectations over the following six to 12 months.
«The investment strategy combines top-down analysis of economies and markets with bottom-up research that considers
Read more on investmentweek.co.uk
