Dan Ivascyn, Group CIO and portfolio manager, explains the opportunities PIMCO sees in the bond markets today.
PIMCO believes the current investment climate is particularly attractive for active strategies.
- Moving away from traditional benchmarks is increasingly attractive given that many of the instruments embedded in these benchmarks appear highly supported by central bank purchasing activity.
- This environment has been a bit more volatile than in the past. Accordingly, we think that financial markets will be prone to overshoots across many different segments.
- This is a good environment for PIMCO to leverage the best-income oriented ideas from our portfolio managers around the globe, and implement them in an effective way on behalf of our shareholders.