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Pimco is said to be eyeing its first mandate from Saudi Arabia's PIF wealth fund
Saudi Arabia's nearly trillion-dollar Public Investment Fund (PIF) is reportedly considering increasing its allocation to fixed income assets and awarding a mandate to Pacific Investment Management Co. (Pimco).
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Source：彭博市场 · Source Link
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Next: Allspring and BlueBay challenge rate-hike bets, sticking with short-dated bonds in Europe and the UK as they believe expectations for interest rate increases have gone too far.
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