Global prices are poised to climb during the next three to five years as developed nations seek to reduce debt burdens, favoring Treasury Inflation Protected Securities, according to Pacific Investment Management Co.
Pacific Investment Management Co. next week will start an actively managed exchange-traded fund that invests in global inflation-linked government bonds denominated in local currencies.
For Pacific Investment Management Co.’s Jeremie Banet, the lure of French food has outweighed his ambition to beat the bond market.
Jeremie Banet, a fund manager at Pacific Investment Management Co. specializing in inflation- protected bonds, plans to leave the firm to start a food truck business in Los Angeles and Orange County.
Bill Gross ’s Pacific Investment Management Co. made an $8.1 billion wager that the U.S. won’t suffer a decade of deflation like the one that crippled Japan starting in the 1990s.
"The breadth of his experience and his passion for investing will serve our clients well."
- Mihir Worah on Aug 18, 2014