Newport Beach, California
Coverage of Newport Beach, California in the Nexus archive.
- Pimco Scorns Daily Marks on Private Assets That Apollo Heralded
Pimco sees an opportunity to invest in public-debt securities as the Federal Reserve is likely to delay rate cuts until next year. This comes as one of the world's biggest bond managers. The company is based in Newport Beach, California.
- Pimco CIO Sees Risk of Fed Hiking Rates Due to Iran War, FT Says
Dan Ivascyn, chief information officer of Pacific Investment Management Co., expects more volatility and lower returns from corporate credit markets due to potential risks such as the Iran war. He spoke during a Bloomberg Television interview at the company's headquarters. Pimco CIO sees risk of Fed hiking rates.
- Pimco’s International Clients Seek to Diversify Away From US
Pimco's international clients are seeking to diversify away from US investments. The Pimco Income Fund has returned 10.4% in its best year for US debt since 2020. The fund is the largest actively managed bond fund with $213 billion in assets.