Pimco index sets stage for global bond fund

01/13/2009 | IndexUniverse.com

The launch of Pimco Global Advantage Bond Index, a mix of fixed-income securities and derivatives, will be followed toward the end of this month by a bond fund tracking the index. Pimco CEO Mohamed El-Erian said the company's fund manager spent nearly two years designing the index to "reflect the dramatic shifts occurring in the global economy."

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