Envestnet has named PIMCO its 2026 Manager of the Year at the Asset Manager of the Year Awards ceremony in Berwyn, Pennsylvania. The distinction was announced during the Envestnet Engage: Manager Forum and spotlights PIMCO’s ongoing role in shaping the investment landscape.

PIMCO President Christian Stracke is sounding the alarm on the private credit market, cautioning that corporate direct lending is beginning to show signs of trouble. At the same time, he remains steadfastly optimistic that asset-based finance will offer a more stable path for investors and borrowers.