PIMCO

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DEFINITION of 'PIMCO'

PIMCO is a global investment management firm that primarily focuses on portfolio management, account management and business management. PIMCO specializes in fixed income securities and manages the internationally known Total Return Fund.

INVESTOPEDIA EXPLAINS 'PIMCO'

PIMCO was founded in 1971 by Mohamed A El-Erian and bond expert Bill Gross. The firm has grown to be one of the largest asset management firms in the world, with approximately $1 trillion of assets under management.

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