Please note that due to a duplication of the “Estimated Yield to Maturity” value in the “Current Yield” value in certain Fund Factsheets and Monthly Commentaries for some sub-funds of PIMCO Funds: Global Investors Series plc available from 16 January 2026 to 6 February 2026, the December 2025 Fund Factsheets and Monthly Commentaries have been updated and published. Should you require the latest versions or have any queries, kindly contact ShareholderServicesAsia@pimco.com.
The Behavioral Science Edge
Behavioral Science at PIMCO
Investment Process
Partnering with behavioral finance experts, we integrate best practices throughout our investment process to improve collective and individual decision-making, amplify risk management, and publish behavioral insights.
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Improving Collective Decision Making
Amplifying Risk Management
Refining Individual Decision Making
Partnerships
Our long-term, collaborative partnership with the Roman Family Center for Decision Research (RF-CDR) at The University of Chicago Booth School of Business began in 2018, and continues to grow.
Our Partnership with the Roman Family Center for Decision Research (RF-CDR)
Through our innovative partnership with The Roman Family Center for Decision Research at The University of Chicago Booth School of Business, we are committed to supporting diverse and robust research that contributes to a deeper understanding of human behavior and decision-making and helps empower leaders to make wiser choices in business and society.
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Understanding how we behave and the decisions we make are critical to building on PIMCO’s strong culture of investing excellence and creating a diverse, engaging workplace, so we are excited to partner on this groundbreaking approach.
– Emmanuel Roman
PIMCO is always looking for inputs and data which challenge our ideas and assumptions about investing and risk and the RF-CDR team can provide us world-class insight into behavioral analysis and trends which will make us a better active manager and stewards of our clients’ assets.
– Daniel J. Ivascyn
PIMCO Decision Research Laboratories: a Partnership of Academic and Investment Excellence
Through our partnership with RF-CDR, we advanced PIMCO Decision Research Labs, enabling RF-CDR researchers, leaders in their field, to further their research.
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The PIMCO Midway Club
Behavioral Insights
We publish behavioral insights and best practices to help our clients better understand the value it delivers and assist them in enhancing their own decision-making processes.
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Foreign demand for U.S. assets – especially credit – remains resilient amid broader macro and market uncertainties.
Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.
Higher yields have created a stronger foundation for bond investors. Andrew Balls, CIO Global Fixed Income, discusses why actively managed global bonds may offer compelling opportunities for income, diversification and resilience as regional growth, inflation and policy trends continue to diverge.
Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.
Leverage and complexity are gaining ground in today’s late-cycle markets, signaling caution – not crisis – and underscoring the value of diversification and risk management.
Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.
Higher starting yields are providing a stronger foundation for investors, while while a more selective opportunity set in China and evolving emerging market dynamics create meaningful diversification opportunities.
The evolution of credit spreads remains driven primarily by credit fundamentals, investor risk appetite, flows, and broader market technicals rather than relative value between Treasuries and swaps.
In the Warsh Fed's new era of two-way risk, bonds offer something rare: potential downside risk mitigation that investors get paid to hold.
Q&A with Emmanuel Sharef, Portfolio Manager, Asset Allocation and Multi Real Asset.
Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.
Commercial real estate is entering a new phase. Artificial intelligence and geopolitical volatility are reshaping how physical space is used and valued.