Pimco dumps credit options as US funds slim holdings

Counterparty Radar: Space shrinks 30% in Q2 following three consecutive quarters of growth


Pimco cut most credit options held on its mutual fund books in the second quarter, leaving PGIM with north of 80% of total market share among US funds in the instrument.

The California-based firm led a general retreat from the trade as managers turned more conservative with their positions during a turbulent spring season for markets. Mutual funds and exchange-traded funds shed $27.7 billion notional, or 30%, of their combined credit options holdings to reach a total of $63.9 billion, according

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here