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Wednesday, September 19, 2018 Don't Expect This Giant to Make Another Equities Push After four big pushes into stock fund investing, don't expect Pimco [profile] to make a fifth.
Roman contrasts Pimco with diversified asset management giants who are "trying to do many different things." "We'll find out if someone can be successful at everything," Roman says. "Being best of breed at one thing ... will always win." Instead, Roman says, Pimco is going to focus on fixed income, both because it's Pimco's core expertise and it's better protected from the continued rise of passive investments. The interview offers a host of other tidbits about Roman and his expectations for the future. Printed from: MFWire.com/story.asp?s=58642 Copyright 2018, InvestmentWires, Inc. All Rights Reserved |