PIMCO: This year, the 60/40 stock-bond strategy fund is expected to increase in size by 25%, attracting more Asian investors
Pacific Investment Management Company (PIMCO) seeks to increase the asset size of a multi-asset mutual fund by 25% to USD 2 billion (approximately HKD 15.6 billion) this year, betting that the 60/40 stock-bond allocation strategy will attract more Asian investors. Marcio Bogoricin, PIMCO's Head of Global Wealth Management for Asia (excluding Japan), stated that after launching the balanced income and growth fund in mainland China, Hong Kong, and Singapore, the company will also launch it in Taiwan this year. In recent years, the 60/40 stock-bond allocation strategy has performed poorly in the context of high inflation and interest rate hikes by the Federal Reserve. However, Bogoricin believes that last year was a year for fixed income, and given the market's more optimistic outlook for the stock market this year, the 60/40 strategy is expected to regain favor
According to the Zhitong Finance APP, Pacific Investment Management Company (PIMCO) is seeking to increase the asset size of a multi-asset mutual fund by 25% to USD 2 billion (approximately HKD 15.6 billion) this year, betting that the 60/40 stock-bond allocation strategy will attract more Asian investors. Marcio Bogoricin, the head of global wealth management for PIMCO Asia (excluding Japan), stated that after launching the balanced income and growth fund in mainland China, Hong Kong, and Singapore, the company will also launch it in Taiwan this year.
In recent years, the 60/40 stock-bond allocation strategy has performed poorly in an environment of high inflation and Federal Reserve interest rate hikes. However, Bogoricin believes that last year was a year for fixed income, and given the market's more optimistic outlook for the stock market this year, the 60/40 strategy is expected to regain favor