The benchmark index for Pimco's
Commodity Real Return Fund is changing hands. On Monday, UBS Investment Bank officials signed a deal to purchase AIG Financial Products Corp. from AIG for $15 million in cash and up to $135 million in deferred payments based on the units earnings over the next 18 months.
The deal includes the DJ-AIG Commodity Index. That index serves as the benchmark for Pimco's fund along with an
iPath ETN offered by Barclays Global Investors.
 
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