MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, July 29, 2008 Pimco to Test Drive a New Vehicle Fixed income giant Pimco plans to try out a new product line. IndexUniverse reports that Pimco filed for exemptive relief Tuesday for bond ETFs, even though the filing was not yet available on the SEC's website. Tammie Arnold, a managing director at Pimco, confirmed that Pimco made the filing, telling the pub, "We think it's a very logical extension. We view the ETF as an important delivery mechanism for our strategies." Arnold added that the bond fund shop is considering both active and passive ETF strategies. Printed from: MFWire.com/story.asp?s=18907 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |