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Pimco’s Ivascyn Says To Stay ‘Patient’ As Income Fund Lags Peers

TedTed
in Fund Discussions
FYI: Now is the time to stay “patient” because assets are expensive, volatility is likely to rise and growth is slowing, according to Pacific Investment Management Co.’s group chief investment officer.

“We are patient and defensive, maintaining portfolio flexibility with almost every decision we make so we can go on offense on behalf of investors when we see attractive opportunities,” Dan Ivascyn said in an interview PIMCO posted Friday.
Regards,
Ted
https://www.bloomberg.com/news/articles/2019-11-16/pimco-s-ivascyn-says-to-stay-patient-as-income-fund-lags-peers-k322m1d7

Comments

  • Old_Skeet
    edited November 2019
    PONAX is the lagging member in my income sleeve year-to-date. However, looking out over a five year period it is second best. One of the reasons that Old_Skeet does not put all his eggs in a single basket; but, uses a multi fund sleeve investment/management system and approach.
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