Morningstar: Pimco vs Bluebay in Euro bond funds

Europese vlag in Straatsburg. Photo: Philippe Buissin, EU.
Europese vlag in Straatsburg. Photo: Philippe Buissin, EU.
Pimco and Bluebay take different but equally sophisticated approaches to Euro bond investing, with both managers making active use of derivatives to steer portfolios, manage risk, and seize relative value opportunities. Their strategies highlight how synthetic instruments, often seen as opaque, can serve as powerful tools in fixed income investing.
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