Mutual Fund Asset Allocation: PIMCO Global Multi-Asset Fund Still in International Equities
PIMCO Global Multi-Asset Fund (PGMAX) is managed by PIMCO’s CEO Mohamed A. El-Erian and Curtis Mewbourne. The fund is touted as ‘global allocation for the new normal’. The following is the description of the fund’s investing process based on its website: The Fund’s investment process incorporates three distinct but interrelated steps, helping the portfolio managers target attractive [...]
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