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DBS raises US$272m for PIMCO’s 60/40 fund

Singapore and Hong Kong customers were able to invest at a minimum of S$1,000 or HK$20,000.

DBS Bank and PIMCO have completed a US$272m initial offering for back-end share class for the PIMCO GIS Balanced Income and Growth Fund (P BIG).

DBS customers in Singapore and Hong Kong were able to invest with no upfront sales charge during the initial offering period, at a minimum investment amount of S$1,000 or HK$20,000,  according to a press release.

The offering, which opened on 12 January for a one month period, reached US$272m within the first few days of the launch, DBS said.

P BIG is PIMCO’s flagship multi-asset fund, aimed at investors seeking “consistent income and long-term capital growth,” according to a press release.The fund follows a 60/40 allocation between global core equities and high quality fixed income.

P BIG surpassed US$5b in assets under management in November 2025.

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