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PIMCO Europe is talking to investment banks about structuring capital-protected versions of its investment funds.
PIMCO Europe is talking to investment banks about structuring capital-protected versions of its investment funds. PeterPaul Pardi, head of institutional remarketing for Europe in London, said the manager has been discussing methods of fund protection with several banks and has lined up distributors for the products. The protected funds could be rolled out in a matter of months, depending on the time required for the structuring and registration process.
"PIMCO will be the producer...