Fund managed: PIMCO GIS Global Invt Grade Credit Inv CHF Hdg Inc
Total return over three years: 8.8%
This PIMCO GIS Global Invt Grade Credit Inst USD Inc fund has attracted the most money of all the sector’s funds since the beginning of the year, with estimated net flows of CHF 1.8 billion. This accounts for nearly half of the total sector flows over the period.
The primary fund has a total of CHF 17.8 billion.
Citywire AAA-rated Kiesel has been at PIMCO for more than 16 years and is responsible for the corporate bond portfolio management unit.
Mohit Mittal and Jelle Brons joined the fund's management team in August 2016, which Kiesel has been part of since 2003.
Over three years, the PIMCO GIS Global Invt Grade Credit Inv CHF Hdg Inc fund has returned 8.76%. Its benchmark, Bloomberg Barclays Global Aggr Corporates TR CHFH, had a total return of 6.79% over the same period.