MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, January 20, 2009 UBS Purchases AIG Index Used by Pimco The benchmark index for Pimco's Commodity Real Return Fund is changing hands. On Monday, UBS Investment Bank officials signed a deal to purchase AIG Financial Products Corp. from AIG for $15 million in cash and up to $135 million in deferred payments based on the units earnings over the next 18 months. The deal includes the DJ-AIG Commodity Index. That index serves as the benchmark for Pimco's fund along with an iPath ETN offered by Barclays Global Investors. Printed from: MFWire.com/story.asp?s=20493 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |