Still, Wilson is confident that Pimco’s funds under management in Australia will continue to grow.
“As a community ages, the demand is for security and recurring income,” he says. “The demand for fixed income has to go up.”
25 May 2012 12:46
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Investments
Ryan Riedler, head of ASX core strategy, Australian equities at Cbus, says the fund will look to generate alpha locally through engagement and that internalisation will help it strengthen its connection with other market participants, as well as its brokers and service providers.
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