Gross Effect: NYC Retirement Terminates $4.9 Billion of PIMCO Assets

Posted on 01/08/2015


Two bond strategies managed by PIMCO for the New York City Retirement Systems (NYCERS) have been terminated. The fixed income strategies totaled US$ 4.9 billion in assets. The money was moved at the end of December 2014. US$ 3.5 billion was geared toward mortgage bond strategies and US$ 1.4 billion allocated to government-sector strategies. The […]

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