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Monday, June 23, 2008|
PIMCO, Artisan to Launch New Funds
This week's edition of Morningstar's Fund Times features new funds from PIMCO and Artisan. PIMCO plans to launch the PIMCO Global Multi-Asset and the PIMCO Global Advantage. Both funds will be managed by chief executive officer and chief investment officer Mohamed El-Erian, his first new management duties since rejoining PIMCO in January. Expense ratios were not given. Artisan will be launching the Artisan Opportunistic Growth, to be managed by portfolio managers Andrew Stephens, James Hamel, and Shayne John. The fund is scheduled to launch in September, with an expense ratio capped at 150 bps until the 30th of that month.
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