PIMCO: Trend leaves consultants behind
| Nov 8th, 2006 | Filed under: Hedge Fund Industry Trends | By: Alpha Male |
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By: Angele Spiteri, Global Pensions
Published: November 2, 2006
A hat-tip goes to hedge fund newsletter Opalesque for identifying this story about PIMCO’s skeptical view of pension consultants’ ability to work in a portable alpha paradigm.
Global Pensions reports:
“Consultants have been left behind in the move by large pension plans to portable alpha strategies, said Bruce Brittain, executive vice of president product management at PIMCO.”
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