{
  "id": 5510194,
  "title": "Pimco Fund Beating 97% of Peers Cuts ‘Mag Seven’ to Bet on Asia",
  "url": "https://urgent.news/2026/09/04/pimco-fund-beating-97-of-peers-cuts-mag-seven-to-bet-on-asia",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T06:42:12.000Z",
  "source": {
    "name": "Bloomberg",
    "slug": "bloomberg",
    "url": "https://www.bloomberg.com/news/articles/2026-09-04/pimco-fund-beating-97-of-peers-cuts-mag-seven-to-bet-on-asia"
  },
  "original_language": "en",
  "account": null,
  "summary": "A top-performing fund manager at Pacific Investment Management Co. is betting the next winners of the AI boom will be found outside of crowded US Big Tech firms, turning instead to Asian equipment suppliers, Chinese financials and healthcare stocks.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Pimco fund beating 97% of peers cuts Magnificent Seven to bet on Asia",
        "url": "https://urgent.news/2026/09/04/pimco-fund-beating-97-of-peers-cuts-magnificent-seven-to-bet-on-asia",
        "published": "2026-09-04T11:08:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}