Pimco on Wednesday filed papers with the SEC to launch the Pimco Global Opportunities Fund, which will invest in equity securities and could also invest in bonds. The Newport Beach, California-based bond fund giant has not listed expense ratios for the fund, nor revealed the identities of the portfolio managers.

Bloomberg's Miles Weiss points out that two portfolio managers Pimco recently recruited from Franklin Templeton, Anne Gudefin and Charles Lahr, managed the $15.6 billion Franklin Mutual Global Discovery Fund, which shares similarities with Pimco's planned offering.  

Edited by: InvestmentWires Staff, 


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE