PIMCO

GERMANY - Allianz Global Investors chief executive officer (CEO) Joachim Faber has announced his intention to retire at the end of the year.

EUROPE - Pimco, the world's largest bond fund manager, has called on Greece, Ireland and Portugal to step outside the eurozone temporarily and restructure their debts unless the currency bloc agrees to a radical change of course.

US - PIMCO's co-CIO Bill Gross has poured $4.4m of his own money into five municipal bond funds run by the group in anticipation of a rally, Bloomberg reports.

EUROPE - PIMCO is partnering with exchange-traded product provider Source to offer fixed income ETFs in Europe, marking PIMCO's entry into the European ETF market.

PIMCO; Russell Investments; AXA Investment Managers; State Street Global Advisors; PensionsFirst; Mercer; Standard Life Investments

This month the panellists discuss allocation trends towards fixed income and corporate bonds, and hidden problems with hybrid corporate bonds

Pension funds are looking for more control over how their fixed income benchmarks are constructed, as Raquel Pichardo-Allison reports

This month, panellists Stephen Jones and Jeroen van Bezooijen discuss the effects of the move to the Consumer Prices Index

US/UK - PIMCO hired six new investment professionals for its expanding equity team, including the former head of Goldman Sachs Asset Management's emerging markets equity strategy.

GLOBAL - PIMCO has warned the global economy faces the threat of rising inflation, driven partly by central banks using it as a solution to fiscal deficits.