- PIMCO, which manages approximately $2.2 trillion in assets, is initiating a multiyear strategy to diversify its portfolios away from US-centric investments.
- CIO Dan Ivascyn specifically cited the "unpredictable" nature of the Trump administration's policies as the primary catalyst for this strategic shift.
- The firm emphasized that the independence of the Federal Reserve is crucial for market stability, warning that political pressure on monetary policy could erode investor confidence.
- Ivascyn's comments follow reports that the Trump administration had initiated a criminal investigation into Federal Reserve Chair Jerome Powell regarding testimony on the Fed's headquarters renovation.
- The move by PIMCO, one of the world's largest bond managers, signals a significant concern among major financial institutions regarding political risk in the US market.
PIMCO shifts away from US assets due to Trump policy uncertainty and Fed independence concerns
Jan 15, 2026, 2:43:47 PM UTC(8 hours ago)
Impact: High
Affected Assets
Sources
From:@DeItaone
PIMCO SHIFTS AWAY FROM U.S. ASSETS AMID TRUMP POLICY UNCERTAINTY
Pimco CIO Dan Ivascyn said President Trump’s unpredictable policies are prompting the firm to diversify away from U.S. assets over the coming years. He stressed that Federal Reserve independence remains crucial for markets, warning that political pressure on monetary policy could undermine investor confidence.
