Pimco Readying to Get Into Bond ETF Market Space
Posted on July 29, 2008 at 17:00 PM EDT
The world’s largest bond fund manager is finally getting into the bond exchange traded fund (ETF) market. Pacific Investment Management Co., better known as Pimco, filed with the Securities and Exchange Commission (SEC) for a line of bond ETFs, reports Murray Coleman for Index Universe. The first fund with track the Lehman Bros. Aggregate Bond Index, [...]