Quilter Partners with PIMCO to Launch New Global Government Bond Fund

What's Happening? Quilter has announced the introduction of a new Global Government Bond fund into its WealthSelect Managed Portfolio Service. This move is part of a strategic rebalance aimed at increasing exposure to actively managed fixed income. The fund will be managed by Andrew Balls and a team

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What is the story about?

What's Happening?

Quilter has announced the introduction of a new Global Government Bond fund into its WealthSelect Managed Portfolio Service. This move is part of a strategic rebalance aimed at increasing exposure to actively managed fixed income. The fund will be managed by

Andrew Balls and a team of senior portfolio managers and analysts from PIMCO. Stuart Clark, portfolio manager of Quilter’s WealthSelect MPS, highlighted that the recent equity market rally prompted the decision to take profits and enhance the fixed income lineup. This partnership with PIMCO is expected to strengthen Quilter's offerings in actively managed global government bonds.

Why It's Important?

The launch of the new fund signifies a strategic shift towards actively managed fixed income investments, which could offer better returns in a volatile market. By partnering with PIMCO, a leader in fixed income management, Quilter aims to provide its clients with enhanced investment options. This move could attract investors seeking stability and growth in their portfolios, especially in uncertain economic times. The collaboration also underscores the importance of strategic partnerships in expanding financial product offerings and meeting diverse investor needs.