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New cooperation of Citi Greece with PIMCO on Mutual Funds (UCITS).


Athens, May 8, 2013.

Citi in Greece just launched a new cooperation with the worldwide famous PIMCO in order to expand further its Mutual Funds (UCITS) offering with innovative management strategies. PIMCO is the 12th international fund house cooperating with Citi in Greece, raising the latter’s Mutual Funds’ (UCITS) offering to over 350. Six new funds with 14 different currency or share classes will be added to Citi’s investment palette, including PIMCO’s top funds, such as Total Return and Global Bond.

Pacific Investment Management Company LLC (PIMCO) is today recognized as one of the world's leading investment management firms with EUR 1.51 trillion assets under management. It was founded in 1971 in California and is now active in the world’s largest cities. The company is known specifically for its many years of experience in managing fixed income investments. Its investment team comprises of talented and insightful specialists, as well as globally recognized Fund Managers, such as the world-wide famous Fund Managers Heads, Mohamed El-Erian and Bill Gross, who is also the founder of the company. Their investment philosophy aims exclusively at managing risk and offering regularly high returns, which is also confirmed by their multiple awards and distinctions for high return of the MFs under management.

As stated by Gidon Kessel, Head of Wealth Management of Citi in Greece “our strategy with regards to Wealth Management is to further expand our portfolio with leading products and innovative investment solutions through an integrated and holistic investment advice process”.

*UCITS: Undertakings for Collective Investments in Transferable Securities.


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