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Featured Market Commentary
Emerging Markets Watch By Michael Gomez, August 2008
Emerging Markets policy makers are facing a tough decision between inflation and growth.  
Investment Outlook By Bill Gross, August 2008
“This deflating supply of credit is in effect the financial market’s version of Mad Cow disease.”  
Global Central Bank Focus By Paul McCulley, July 2008
“Currently in the United States asset price deflation is the menace at hand.”  
   Global Markets
Japan Credit Perspectives By Koyo Ozeki, July 2008
The credit contraction in the US and Europe has spread to the real economy. This suggests the economic crisis is moving into a second phase.  
European Perspectives By Emanuele Ravano, July 2008
“The transmission mechanisms in the euro zone suggest that the bill for stamping out inflation at “all costs” might be higher than budgeted.”  
US Credit Perspectives By Mark Kiesel, July 2008
Inflation in any form, combined with subpar economic growth, is no “Stairway to Heaven.”  
Global Perspectives By Richard H. Clarida, June 2008
What my crystal ball didn’t tell me in 1998.   
   Viewpoints
Keep Your Seatbelt Fastened
National authorities may legitimately pursue some well-intentioned policy objectives yet end up creating significant problems elsewhere.  
Survival of the Financial Fittest
The superior US banks will distance themselves from the weak ones, which may fail, merge or be acquired.  
When Markets Collide: Investment Strategies for the Age of Global Economic Change
An Introduction to Mohamed El-Erian's Latest Book  
Market Outlook 3rd Quarter 2008
PIMCO Secular Economic Outlook for 2008  
Crisis and Coherence: Finance Remains Vulnerable
In a few years, we shall look back at this time as one that redefined the landscape of the US financial system and, by association, the workings of global capital markets.  
Money Market Turmoil: Did Enhanced Cash Strategies Overdo Risk?
"Cash management is not an area where investors need to take on significant risk."  
Cyrille Conseil and Axel Potthof Discuss Opportunities in the Global Bank Loan Market
Following the recent credit crisis, PIMCO’s bank loan experts expect attractive prices on new deals coming to the market.   
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The information contained in this website is intended only for residents of Singapore and Hong Kong, as described below, and is not for distribution in any country or jurisdiction where such use would constitute a violation of law.

This website is issued in Singapore by PIMCO Asia Pte Ltd, which is regulated in the conduct of its investment business by the Monetary Authority of Singapore (“MAS”). This website is issued in Hong Kong by PIMCO Asia Limited, which is licensed with the Hong Kong Securities and Futures Commission (“SFC”) to conduct regulated activities of dealing in securities and investment advisory and asset management services. PIMCO Asia Pte Ltd, PIMCO Asia Limited and their related bodies corporate are referred to below as “PIMCO”.

The presentation of PIMCO products or services on these web pages as well as the dissemination of the given information may depend on local regulations. There is no intention to offer or sell products in countries or jurisdictions where such offer or sale would be unlawful under the relevant domestic law. Investors must inform themselves about the laws which are in force in their country or jurisdiction. All investors accessing the website do so on their own initiative and are responsible for compliance with applicable local laws and regulations. The website is not directed to any person who is in any jurisdiction where the publication or availability of the website is prohibited, by reason of that person's nationality, residence or otherwise. Persons under these restrictions must not access the website.

PIMCO may share any fees or benefits which it may be entitled to receive from the funds set out in the website (“PIMCO Funds”) or otherwise remunerate intermediaries or other persons who introduce or act for potential investors.

Important Information for Singapore Residents
The information on this website and the products and services referred to in it are available only to residents of Singapore who are accredited investors as defined in the Securities and Futures Act ("Accredited Investors"*)".

Important Information for Hong Kong Residents

WARNING

The contents of this website have not been reviewed by any regulatory authority in Hong Kong. You are advised to exercise caution in relation to any offer of the PIMCO products and services on the web pages of this website. If you are in any doubt about any of the contents of this website, you should obtain independent professional advice.

The information on this website and the products and services referred to in it as well as the materials and presentations relating thereto are not authorized by the SFC for distribution to the public in Hong Kong.

Products and services mentioned on this website are only available to residents of Hong Kong who are appropriately qualified under applicable laws and regulations. In particular:
(a) separate account services referred to on this website are available only to residents of Hong Kong who are professional investors as defined in the Securities and Futures Ordinance, and
(b) investments in any PIMCO Fund by persons resident in Hong Kong will only be accepted where the minimum initial investment per Hong Kong resident investor in the PIMCO Fund is not less than HK$500,000. PIMCO will not accept any investment in a PIMCO Fund by any person resident in Hong Kong where the initial investment is less than HK$500,000. 

Currency and Accuracy of the Website
Data on the website may become outdated. Neither PIMCO Asia Pte Ltd nor PIMCO Asia Limited assumes any liability or guarantee for the timeliness, accuracy or completeness of the information provided. PIMCO Asia Pte Ltd and PIMCO Asia Limited use reasonable efforts to obtain information from sources which they believe to be reliable. However, neither PIMCO Asia Pte Ltd nor PIMCO Asia Limited makes any representation that the information or opinions contained on the website is accurate, reliable or complete. In particular, any information sourced from third parties is not provided or endorsed by PIMCO Asia Pte Ltd or PIMCO Asia Limited and neither PIMCO Asia Pte Ltd nor PIMCO Asia Limited has checked the accuracy or completeness of, and accepts no liability for, such third party information.

Risk Statement
The value of investments and any income from them may go down as well as up. You may not get back all of your original investment. Past performance is no guarantee of future results.

Liability Waiver
Except to the extent to which any law prohibits such exclusion, PIMCO Asia Pte Ltd, PIMCO Asia Limited and their officers, employees, agents and related bodies corporate exclude all warranties, whether express, implied, statutory or otherwise relating to or connected in any way to this website, the information on or accessed through it, or products and services or investments referred to on or accessible through the website.

Except to the extent to which any law prohibits such exclusion, under no circumstances, including, but not limited to, negligence, will PIMCO Asia Pte Ltd or PIMCO Asia Limited be liable for any loss or damage of any kind (including direct, indirect and consequential loss, loss of profits, loss or corruption of data or economic loss of any kind) arising out of or in any way related to this website.

No part of this website may be reproduced in any form or referred to in any other publication without express written consent. Any links to other Internet sites ("hyperlinks") are included as a convenience for our visitors and neither PIMCO Asia Pte Ltd nor PIMCO Asia Limited assumes any liability for the content or the presentation of linked sites. Third party links to this website are permitted only by prior written permission. Neither PIMCO Asia Pte Ltd nor PIMCO Asia Limited endorse nor have under their control the content of such links, and are not responsible for the accuracy or completeness and assume no liability for the information contained on the linked sites. No representation or warranty is provided for any software that may be downloaded from this website.

Copyright © 2007 PIMCO

* "Accredited Investor" means:

(a) an individual whose net personal assets exceed S$2 million or its equivalent in foreign currencies; or

(b) a corporation with net assets exceeding S$10 million in value or its equivalent in value in foreign currencies as determined in accordance with the most recent audited balance-sheet of the corporation, or in the case of a corporation which is not required to prepared audited accounts, a balance-sheet certified by the corporation to give a true and fair view of the state of affairs of the corporation as at the end of the period to which it relates (as the same may be amended from time to time).


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On the Air

Click Here to Access Broadcasts

June 2008

Mohamed El-Erian Discusses PIMCO’s Secular Outlook and Investment Strategy

May 2008
PIMCO’s Secular Outlook by Mohamed El-Erian: A Tale of Two Cities

Spotlight

May 2008

Chia-Liang Lian Discusses the Outlook and Investment Opportunities in China

PIMCO's Housing Project
January 2008

Scott Simon Discusses PIMCO’s Views on Agency Mortgage Backed Securities

Product Focus

Global Bond
December 2007

PIMCO’s Diversified Approach to Global Bonds 

Bond Basics: Global Bond Market Growth Expands Opportunities

In Print

An Introduction to Mohamed El-Erian's Latest Book
When Markets Collide: Investment Strategies for the Age of Global Economic Change  


 



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