Fixed Income News: PIMCO Expands ETFs, Cap Group Hits 50 Yrs, S&P Adds ETF Distribution Data
- 01 mins 33 secs
PIMCO is launching two new actively managed ETFs. Capital Group is celebrating $470 billion in fixed-income AUM and another big milestone. S&P Global is adding Fixed Income ETF distribution forecasting data to increase transparency and trading universe.Channel: News
PIMCO is expanding its ETF offerings with the launch of two new actively managed funds. The PIMCO Multisector Bond Fund, ticker PYLD, focuses on finding diversified yield in different sectors across the global bond market with a focus on strategic, long-term opportunities. Conversely, the PIMCO Ultra Short Government Fund, ticker BILZ, will mainly invest in short-term U.S. government-related debt.
Next, Capital Group is celebrating half a century of fixed income investing. As one of the largest active investment managers in the world, Cap Group doubled the size of its fixed income assets under management in the past decade to about $470 billion, bringing total assets to about $2.3 trillion. Capital Group adds that it’s captured about a third of all active U.S. fixed income fund flows over the past 5 years.
Finally, S&P Global Market Intelligence is launching Fixed Income ETF distribution forecasting data, expanding its suite of Dividend Forecasting products. The new dataset should increase transparency and “enable investment banks, hedge funds, and asset managers to confidently price derivatives and trade a larger universe.”