Video: New vs. Old PIMCO Strategy

PIMCO CIO Daniel Ivascyn, the man who replaced Bill Gross, says there is no difference between PIMCO’s investment strategies under Bill Gross and the strategies the firm employs now, in the post-Bill Gross era. Ivascyn says PIMCO’s core thesis remains “the new neutral,” which is the idea that global interest rates will remain low for a time to come amid weak economic growth. The only difference Mr. Ivascyn is acknowledges in this clip is that PIMCO has moved from a “founder-driven model” to one based on teamwork.

One Comment

Add a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.