Pimco to branch into active ETFs

09/4/2008 | IndexUniverse.com

Pacific Investment Management is trying to launch actively managed exchange-traded funds. In addition to bonds, Pimco wants to launch active ETFs that concentrate on stocks, commodities and asset-allocation ETFs. "Pimco's entry into active ETFs represents a broader business strategy," said Don Suskind, a Pimco product manager. "It's important for us to have an array of products and a full set of investment vehicles."

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