Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Portfolio > Asset Managers

PIMCO Global Multi-Asset Portfolio joins Pacific Life's variable annuity investment option lineup

X
Your article was successfully shared with the contacts you provided.

Pacific Life, Newport Beach, Calif., has added a comprehensive asset allocation portfolio from Pacific Investment Management Company (PIMCO) to the insurance company’s variable annuity investment options.

The PIMCO Global Multi-Asset Portfolio offers Pacific Life’s variable annuity clients the full breadth and depth of PIMCO’s investment process in assets that include global equities, fixed income, commodities, and real estate.

The portfolio’s objective is total return that seeks to exceed its benchmark. PIMCO uses a multi-pronged strategy designed to balance return potential through value investing with an optimal mix of risk factors to help hedge the portfolio against the impact of market crises.

Sharing the management of the portfolio is Curtis Mewbourne, a managing director and generalist portfolio manager, and Vineer Bhansali, who is responsible for portfolio management analytics and tail-risk hedging.

The PIMCO Global Multi-Asset Portfolio joins 43 other investment options available within Pacific Life variable annuities. This is the third offering from PIMCO, which since 1996 has provided subadvisory services for the Pacific Select Fund Inflation Managed and Managed Bond portfolios.

For more information, contacting your Pacific Life consultative wholesalers or call (800) 722-2333.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.