Fundsters following Pimco
's [see profile
] push into the equity side of asset management may want to glance at Reuters
. Yesterday the wire service's Chikafumi Hodo penned
an article from an interview with Neel Kashkari
, the Goldman Sachs and former head of the U.S. Treasury's TARP program who joined Pimco in December as head of new investment initiatives. Kashkari hinted at where Pimco's equity initiative is headed.
| Neel T. Kashkari |
Pacific Investment Management Company
Head of New Investment Initiatives
Kashkari discussed Pimco's first equity fund, the deep-value global EqS Pathfinder Fund
, which launched in April and had $571 million in assets on June 30.
Pimco plans to launch "four or five more actively managed global equity strategies" within a year or two, Kashkari told the wire service, including an emerging markets equity fund early next year and a global income or global growth fund.
Kashkari also discusses Pimco's perspective on the Japanese market.
Neil Anderson, Managing Editor
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