In its 4Q06 Market Review & Outlook, PIMCO looks at how housing, and other factors, may affect the economy over the next several quarters
The impact of the housing market on the economy and financial markets and, hence, on investments and investment portfolios, is more important than ever before. It is also of urgent concern to PIMCO as it seeks to best position its fixed income assets for the future.
That is why, in 2005, PIMCO decided to harness its considerable research capabilities to pinpoint the timing and severity of changes in this key economic sector, believing it could leverage these findings across a broad array of its fixed income portfolios. Thus began the PIMCO Housing Project, which dedicates the firm’s full resources and a team of mortgage experts to analyze the outlook for housing over the coming months and years.
On these pages, through regularly updated articles, charts, interviews, white papers and market commentary, PIMCO presents key findings of its Housing Project Research Team and its conclusions about how these may affect economic growth and financial markets going forward.
The PIMCO Housing Project in Action
The PIMCO Housing Project Research Team
Investors should consider the investment objectives, risks, charges and expenses of any mutual fund carefully before investing. This and other information is contained in the fund´s prospectus, which may be obtained by contacting your financial advisor. Click here for a complete list of the PIMCO Funds and Allianz Funds prospectuses. Please read the prospectus carefully before you invest or send money.
Past performance is no guarantee of future results. This is not an offer or solicitation for the purchase or sale of any financial instrument. It is presented only to provide information on investment strategies and opportunities. The material contains the current opinions of the author, which are subject to change without notice. Statements concerning financial market trends are based on current market conditions, which will fluctuate. References to specific securities and issuers are for illustrative purposes only and are not intended to be, and should not be interpreted as, recommendations to purchase or sell such securities. Allianz Global Investors Distributors LLC, 1345 Avenue of the Americas, New York, NY 10105-4800, www.allianzinvestors.com, 1-888-877-4626.
Investment Products ARE NOT FDIC INSURED / MAY LOSE VALUE / ARE NOT BANK GUARANTEED
