Investors Embraced Equity & Credit Risk in July: Morningstar
Among fund families, JPMorgan, DFA, Oakmark, Principal Funds and MFS are growing market share, according to the latest data.
PIMCO Launches PIMCO Credit Absolute Return Fund
PIMCO announced Wednesday the launch of the PIMCO Credit Absolute Return Fund. The company describes it as a fund “for investors seeking a global, diversified strategy that is focused on absolute return and not constrained by a benchmark.”