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PIMCO dumps LIT launch

After announcing it would launch this month, PIMCO has canned its long-awaited Global Income Opportunities Trust, citing inadequate demand.

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Read more: PIMCOLITGlobal Income Opportunities TrustBrendan RoddaRob MeadAdam BoweAlfred MurataASXDan IvascynGiang BuiJing Yang