Contact Information: CONTACT: Mark Porterfield PIMCO (949) 720-6397
PIMCO's Bill Gross' April "Investment Outlook" Available as a Podcast Titled "Grim Reality"
| Source: PIMCO
NEWPORT BEACH, CA -- (MARKET WIRE) -- April 2, 2007 -- PIMCO today announced that Chief
Investment Officer and Founder Bill Gross' April "Investment Outlook" is
available free of charge as a podcast on iTunes.com and pimco.com.
Gross, the first major money manager to podcast, offers provocative views
for investing and the economy. This month he tackles the complex topic of
housing and the outlook for it.
Gross' monthly investment forecast can be subscribed to at www.iTunes.com
by searching podcasts for "PIMCO" or "Bill Gross." The audio can also be
downloaded at www.pimco.com by clicking on the "Investment Outlook" link.
Gross has been making his "Investment Outlook" podcasts available since
2005.
About PIMCO
Founded in 1971 and based in Newport Beach, California, with more than $668
billion in fixed-income assets under management, PIMCO is one of the
world's leading fixed-income fund-management companies with offices in
Amsterdam, London, Munich, Toronto, Sydney, Singapore, Hong Kong, and
Tokyo.
Except for the historical information and discussions contained herein,
statements contained in this news release constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform
Act of 1995. These statements may involve a number of risks, uncertainties
and other factors that could cause actual results to differ materially,
including the performance of financial markets, the investment performance
of PIMCO's sponsored investment products and separately managed accounts,
general economic conditions, future acquisitions, competitive conditions
and government regulations, including changes in tax laws. Readers should
carefully consider such factors. Further, such forward-looking statements
speak only on the date at which such statements are made. PIMCO undertakes
no obligation to update any forward-looking statements to reflect events or
circumstances after the date of such statements.