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Pimco's Asia Wealth Assets Jump 20% on Demand for Fixed Income.
- Source :
- Bloomberg.com; 9/19/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- Rising interest rates are driving more investors into fixed income for stable yield, a departure from the days when many Asia clients chased aggressive returns. (Bloomberg) -- Pacific Investment Management Co.'s wealth-management business in Asia has grown this year at the fastest pace since 2018, bolstered by rising demand for fixed-income funds. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 172026004