The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

PIMCO
Pacific Investment Management Company (PIMCO), a US investment manager specialising in active fixed income with expertise across public and private markets, has expanded its exchange-traded fund (ETF) range with the launch of two new active fixed income UCITS ETFs. The funds aim to give investors access to government bonds through PIMCO’s time-tested active management approach.

The PIMCO Advantage Global Government Bond UCITS ETF (GOVI) and the PIMCO Advantage Euro Government Bond UCITS ETF (EUGO) are the latest additions to PIMCO’s Advantage Series, the firm’s core UCITS ETFs designed to serve as foundational building blocks in investor portfolios.

Investors can trade the PIMCO Advantage Global Government Bond UCITS ETF on the London Stock Exchange and Xetra Deutsche Börse (DB), and the PIMCO Advantage Euro Government Bond UCITS ETF on Xetra DB and Borsa Italiana, effective 17 December 2025. Both funds will disclose holdings quarterly with a 30-day lag, balancing transparency with portfolio management flexibility. The PIMCO Advantage Global Government Bond UCITS ETF is available in dollars, euros and sterling hedged share classes, providing investors with additional flexibility to help manage currency risk.

The new ETFs are actively managed and seek to maximise total return through a diversified portfolio of global and euro-denominated government bonds, respectively, the firm said in a statement. They aim to outperform their respective benchmarks indices – the Bloomberg Global Aggregate Treasury Index and the Bloomberg Euro Aggregate Treasury Index – over the medium to long term while adhering to disciplined risk management principles. These new ETFs complement PIMCO’s existing mutual fund offerings in global and euro aggregate bond strategies.

The PIMCO Advantage Global Government Bond UCITS ETF will be managed by Martin Svorc, senior vice president and portfolio manager, Andrew Balls, managing director and CIO global fixed income, and Sachin Gupta, managing director and portfolio manager. The PIMCO Advantage Euro Government Bond UCITS ETF will be managed by Konstantin Veit, executive vice president and portfolio manager, Sara Adjir, senior vice president and portfolio manager, and Lorenzo Pagani, managing director and portfolio manager.

“The expansion of our UCITS ETF range represents a significant milestone in our commitment to providing investors with actively managed solutions” said Ryan Blute, managing director and head of global wealth management, EMEA. “With high-quality sovereign yields presenting attractive opportunities, diversified government bond exposure can offer income potential, liquidity and a defensive anchor, while duration provides a straightforward way for investors to position for macro trends as monetary policies normalise.”

M&G Investments
M&G Investments has launched the M&G (Lux) Asian Quality Income Fund, a new Asian fixed income strategy by M&G’s $188.4 billion global public fixed income team. Developed in response to sustained investor interest in high-quality Asian bond opportunities, the fund broadens M&G’s regional offering and reinforces its long-term commitment to uncovering resilient income in Asia. The launch also signifies a further development in M&G’s cooperation with Guotai Haitong Securities, Guotai Junan Assets (Asia) and Guotai Junan Securities (Hong Kong) providing support for non-discretionary advisory and distribution to professional investors.

The fund seeks income opportunities across developed and emerging Asia, investing in high-quality, US dollar-denominated Asian investment grade corporate bonds. By adopting a flexible, benchmark-unconstrained approach it is designed to deliver a blend of capital growth and income over a three-year horizon, with ESG integration.

“In today’s uncertain climate, resilient income and diversification are vital. Asian investment grade credit offers both, backed by strong fundamentals and supportive local demand,” Andrew Chorlton, chief investment officer of fixed income at M&G Investments, said. “This new strategy reflects our commitment to expanding M&G’s global credit reach – especially in Asia – building on the momentum of our China Corporate Bond Strategy. With scale, global management, and deep credit expertise, we’re ready to uncover standout opportunities across the region.”

“Asian US dollar investment-grade bonds offer a rare mix of quality, yield and stability,” William Xin, portfolio manager, Asia fixed income at M&G Investments, added. “Sector diversity, limited supply and strong sovereign ties create a resilient income stream, while healthy corporate balance sheets and deepening local demand continue to boost market liquidity.”

M&G Investments, a global investment manager headquartered in London, has £335 billion ($447 billion) in assets under management.