13 May 2026
Quilter has today announced the launch of the Quilter Investors Global Government Bond fund, appointing PIMCO to manage the new mandate.
Quilter’s WealthSelect Managed Portfolio Service has immediately introduced the new fund into its Managed portfolios as part of a recent ad hoc rebalance. The new holding is being partly funded by a reduction in the passively managed government bond holding and as such will increase the overall exposure to actively managed global government bonds in the portfolios, which the team deemed prudent given the heightened levels of uncertainty.
The mandate will be managed by Andrew Balls alongside an experienced team of senior portfolio managers and analysts. The strategy benefits from deep global expertise, strong tenure, and access to PIMCO’s extensive macro and fixed income research platform.
Elsewhere in the rebalance, following a rally in equity markets during April and early May, portfolio managers, Stuart Clark, Helen Bradshaw and Bethan Dixon, decided to take profits from the equity allocation, and within equity topped up laggard positions such as its precious metals allocation.
Stuart Clark, portfolio manager of Quilter’s WealthSelect MPS, said: “Following the recent rally in equity markets, we felt it was sensible to take some profit and rebalance the portfolios by increasing our exposure to actively managed fixed income. Concurrently, the launch of the Quilter Investors Global Government Bond fund comes at a good time and our already strong partnership with PIMCO has strengthened the fixed income line up within WealthSelect.
“Andrew and his team bring a wealth of expertise, and we believe PIMCO’s investment philosophy, which emphasises a long-term, secular outlook, helping to avoid reactive decisions driven by short-term market sentiment, is an ideal fit for our managed portfolios.
Simon Hillenbrand, Head of U.K. Global Wealth Management at PIMCO, said: “We are delighted to deepen our partnership with Quilter through the launch of their Quilter Investors Global Government Bond fund. Active management in fixed income is particularly important in the current environment, and we look forward to contributing to the WealthSelect Managed Portfolio Service and supporting Quilter’s objectives for clients.”
