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Rating:Pimco's Local Currency Fund Pulls in Assets Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, September 2, 2010

Pimco's Local Currency Fund Pulls in Assets

News summary by MFWire's editors

To find new mutual funds for intrepid investors WSJ reporter Tom Lauricella turns over overseas rocks. His column in the paper's quarterly mutual fund roundup looks at foreign bond funds priced in local currencies.

His travels are less out of the way than one may think: Pimco Emerging Local Bond has added $3.7 billion in AUM this year alone (it now claims $4.7 billion in AUM, up from $1 billion).

Quoted in the article is PM Eric Stein from Eaton Vance Emerging Markets Local Income and Pimco's Guillermo Osses.

Other funds mentioned in the article are Templeton Global Bond and WisdomTree Emerging Markets Local Debt

Edited by: Sean Hanna, Editor in Chief


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