PIMCO

This month, panellists Stephen Jones and Jeroen van Bezooijen discuss the effects of the move to the Consumer Prices Index

US/UK - PIMCO hired six new investment professionals for its expanding equity team, including the former head of Goldman Sachs Asset Management's emerging markets equity strategy.

GLOBAL - PIMCO has warned the global economy faces the threat of rising inflation, driven partly by central banks using it as a solution to fiscal deficits.

PIMCO has brought its new active equity strategy to the UK with the launch of the PIMCO EqS Pathfinder Fund and the PIMCO EqS Pathfinder Europe Fund.

UK/EUROPE - PIMCO has brought its new active equity strategy to the UK with the launch of the PIMCO EqS Pathfinder Fund and the PIMCO EqS Pathfinder Europe Fund.

GLOBAL - The European Central Bank will have to "engage in de facto fiscal policy" if the region's authorities wish to avoid a sovereign bankruptcy, according to Paul McCulley, a managing director at Pacific Investment Management Co.

Pension fund managers could have been forgiven for feeling like the worst had passed when the industry emerged from 2009, though it appears the glow of recovery was merely a reprieve.

GLOBAL - The European rescue package has provided an out for long-term investors that had underestimated credit risk in their European sovereign holdings, PIMCO managing director and head of European portfolio management Andrew Balls said.

The European rescue package has provided long-term investors with the opportunity to sell their sovereign debt holdings, PIMCO says.

Charlotte Moore surveys the impact of the financial crisis on the corporate bond market