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 |
|
Monday, November 12, 2012 Is Pimco About to Get a Family Challenge? Sibling rivalry can be so great to watch, when you're not involved. Allianz Global Investors [profile] is attempting to distinguish itself from Pimco[profile], its more famous sister subsidiary, and at some point may be looking to actually compete. Pensions & Investments reports that AllianzGI launched an integrated business model at the start of the year that could strengthen further AllianzSE, the parent company. Andreas Utermann, co head and global CIO, said that "with PIMCO now focusing not only on bonds, but also multiasset and equities, the new (AllianzGI) is also able to offer more fixed-income products." AllianzGI manages $384 billion in assets. "Being smaller and different from Pimco can also be and advantage," said Donald Putnam, managing partner at Grail Partners. Printed from: MFWire.com/story.asp?s=41991 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |