Pimco Commodity Fund Slumps 17% in March as Iran War Upends Oil

Pimco’s commodity hedge fund has plunged about 17% so far this month as the war in Iran rattled oil prices and global markets, according to a person familiar with the...

By Devika Krishna Kumar · Bloomberg Markets

Pimco’s commodity hedge fund has plunged about 17% so far this month as the war in Iran rattled oil prices and global markets, according to a person familiar with the matter.