Pimco and Research Affiliates have announced the launch of four Research Affiliates Equity funds which will be available for distribution in Europe.
The four funds, which expand on the existing partnership between Pimco and Research Affiliates dating back to 2002, will cover Global Developed, European, US Large cap and Emerging Markets equities.
Pimco’s RAE Fundamental strategies select stocks based on non-price measures of company size such as sales, cash flow, book value and dividends. By removing stock price from the portfolio construction process, the funds aims to capitalise on market inefficiencies.
Sabrina Callin, Pimco’s managing director and equity product manager comments: “In a low return world, investors will be well served by approaches that provide meaningful return on top of what the market delivers, which can make a big difference over the long term. Pimco’s Enhanced Equity strategies provide investors with a range of equity offerings that are designed to achieve this goal” she adds.
The funds are part of Pimco’s Ucits compliant Global investor Series Fund range which is domiciled in Dublin. They are available for distribution in Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden and the UK.